Penalty proceedings – Whenever an addition/disallowance is made, initial burden is upon assessee to prove that it is not his concealed income or he has not furnished inaccurate particulars of such income

DECIDED BY: ITAT, MUMBAI `H’ BENCH, MUMBAI, IN THE CASE OF: ITO Vs. Heaven Distillery Pvt. Ltd., APPEAL NO: ITA No. 742/Mum/2008, DECIDED ON May 14, 2010

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