High Court of
Commissioner of
Income-tax
v.
Roshan D. Nariman
DR. S.
RADHAKRISHNAN AND V.C. DAGA, JJ.
IT APPLICATION NO.
55 OF 1999
June 25, 2007
Section 256 of the Income-tax Act, 1961 - High Court - Reference to - Tribunal deleted penalty levied by Assessing Officer under section 271(1)(c) by observing that since assessee had furnished particulars of her income in Part IV of return along with legal opinion, there was no concealment and it was for revenue to establish that assessee had concealed income or furnished inaccurate particulars thereof - Whether no substantial question of law arose from order of Tribunal for consideration of High Court - Held, yes