Tribunal's reduced penalty was sustained after no legal infirmity was found to justify appellate interference.

The Calcutta High Court found no illegality or infirmity in the Tribunal's reduction of penalty and saw no basis to interfere in appeal. After condoning the filing delay, the Court examined the matter on merits and left undisturbed the Tribunal's order reducing the penalty from Rs. 1,00,000 to Rs. 20,000. The appeal was therefore not admitted and was dismissed.

---

---

Issues: Whether the reduced penalty imposed by the Tribunal called for interference in appeal.

Analysis: The delay in filing the appeal was condoned, and the appeal was then examined on merits. On the record, no illegality or infirmity was found in the Tribunal's order reducing the penalty from Rs. 1,00,000/- to Rs. 20,000/-, and no ground was made out to admit the appeal.

Conclusion: The order of reduction of penalty was left undisturbed and the appeal was dismissed.

---