https://www.taxtmi.com/caselaws?id=63340 The Tribunal upheld the CIT(A)'s decisions to delete penalties under section 271(1)(c) for various disallowances and additions in the assessment years 2000-01 and 2001-02. The Tribunal found that the assessee provided genuine explanations and evidence, and the disallowances were not based on false claims or mala fide intentions. As a result, the appeals filed by the Revenue were dismissed. en-us Fri, 22 May 2009 00:00:00 +0530 Fri, 13 Oct 2023 17:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63340 The Tribunal upheld the CIT(A)'s decisions to delete penalties under section 271(1)(c) for various disallowances and additions in the assessment years 2000-01 and 2001-02. The Tribunal found that the assessee provided genuine explanations and evidence, and the disallowances were not based on false claims or mala fide intentions. As a result, the appeals filed by the Revenue were dismissed. Case-Laws Income Tax Fri, 22 May 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63340