Appeal filed challenging penalty deletion under Income Tax Act section 271(1)(c). Court to review Tribunal's decision.

The Gujarat HC admitted an appeal challenging the deletion of a penalty imposed under section 271(1)(c) of the Income Tax Act. The court will review if the Tribunal erred in disregarding established facts.

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The Gujarat High Court admitted an appeal concerning the deletion of a penalty of Rs. 23,42,010 imposed under section 271(1)(c) of the Income Tax Act. The court will consider whether the Tribunal erred in overlooking the established facts of the case.

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