https://www.taxtmi.com/caselaws?id=204585 The High Court, in an appeal by Revenue under section 260A of the Income-tax Act, 1961, challenged the ITAT order regarding penalty deletion under section 271(1)(c) for the assessment year 1994-95. The Commissioner of Income-tax (Appeals) set aside the penalty on procedural grounds, not meeting the satisfaction requirement. Despite arguments from both parties, the High Court decided not to remit the matter back for a fresh decision but directed the appeal to be listed with the pending quantum case for further consideration. en-us Tue, 07 Jul 2009 00:00:00 +0530 Tue, 18 Dec 2012 18:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=204585 The High Court, in an appeal by Revenue under section 260A of the Income-tax Act, 1961, challenged the ITAT order regarding penalty deletion under section 271(1)(c) for the assessment year 1994-95. The Commissioner of Income-tax (Appeals) set aside the penalty on procedural grounds, not meeting the satisfaction requirement. Despite arguments from both parties, the High Court decided not to remit the matter back for a fresh decision but directed the appeal to be listed with the pending quantum case for further consideration. Case-Laws Income Tax Tue, 07 Jul 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=204585