Penalty for concealment of income etc.---Purpose, of the law was to curb and prevent the tax evasion as reflected in, and determined by the amount of tax sought to be evaded through concealment of income and furnishing of inaccurate particular of income---No penalty could be imposed merely on the basis of finding on the point of concealment in the assessment proceedings.
| Court | Year | Appellant vs Respondent | Sections | Topic |
|---|---|---|---|---|
| Appellate Tribunal Inland Revenue | 2007 | Vs |
Income Tax Ordinance (XXXI of 1979) S. 111 |
Penalty for concealment of income |