https://www.taxtmi.com/caselaws?id=212555 The Tribunal allowed the appeals, vacated the findings of the CIT(A), and canceled the penalties imposed by the AO. The Tribunal held that the erroneous claim for deduction under section 80IA, in the absence of any concealment or furnishing of inaccurate particulars, was not a ground for levying penalty. The appeals were allowed, and the penalties were deleted. en-us Fri, 25 Nov 2011 00:00:00 +0530 Thu, 28 Apr 2016 14:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=212555 The Tribunal allowed the appeals, vacated the findings of the CIT(A), and canceled the penalties imposed by the AO. The Tribunal held that the erroneous claim for deduction under section 80IA, in the absence of any concealment or furnishing of inaccurate particulars, was not a ground for levying penalty. The appeals were allowed, and the penalties were deleted. Case-Laws Income Tax Fri, 25 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=212555