https://www.taxtmi.com/caselaws?id=65742 The Tribunal allowed the appeal by the assessee, holding that penalties imposed under section 273(c) were unwarranted as the assessee had already been penalized under section 273(a) for furnishing an untrue estimate. The Tribunal quashed the orders imposing and sustaining the penalty, ruling in favor of the assessee. en-us Tue, 16 Oct 1979 00:00:00 +0530 Fri, 18 Feb 2011 15:31:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65742 The Tribunal allowed the appeal by the assessee, holding that penalties imposed under section 273(c) were unwarranted as the assessee had already been penalized under section 273(a) for furnishing an untrue estimate. The Tribunal quashed the orders imposing and sustaining the penalty, ruling in favor of the assessee. Case-Laws Income Tax Tue, 16 Oct 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65742