https://www.taxtmi.com/caselaws?id=117402 The Tribunal allowed the assessee's appeal for statistical purposes, dismissing the departmental appeal. The matter was remitted back to the Commissioner (Appeals) for a fresh decision on the applicability of sections 192, 194-I, and 194J. The deletion of penalty under section 271C was upheld, with the Tribunal emphasizing that the assessee's belief in the tax deductions made was bona fide and reasonable. en-us Fri, 16 Sep 2005 00:00:00 +0530 Wed, 01 Aug 2012 00:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117402 The Tribunal allowed the assessee's appeal for statistical purposes, dismissing the departmental appeal. The matter was remitted back to the Commissioner (Appeals) for a fresh decision on the applicability of sections 192, 194-I, and 194J. The deletion of penalty under section 271C was upheld, with the Tribunal emphasizing that the assessee's belief in the tax deductions made was bona fide and reasonable. Case-Laws Income Tax Fri, 16 Sep 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117402