Appealt to Privy Council - Malik Damsaz Khan of N.W.F.P. vrs. Commissioner of Income tax, Punjab - Valid return under section 22(2) filed by the assessee but in accounts produced in compliance with the notice under section 22(4) - Assessment completed on evidence and Statement made by the assessee under section 23(3) - Penalty under section 28 levied by the Ae for concealtment.......

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