https://www.taxtmi.com/caselaws?id=215040 The Tribunal dismissed the revenue's appeal and upheld the decision to delete the penalty under section 271(1)(c) for A.Y. 2007-08. The judgment emphasized the importance of disclosing primary facts and the technical nature of the mistake in withdrawing the claim. The decision was based on the principle that penalties should not be imposed for minor or technical errors when all relevant details were disclosed. en-us Wed, 08 Jun 2011 00:00:00 +0530 Fri, 20 Jul 2012 18:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=215040 The Tribunal dismissed the revenue's appeal and upheld the decision to delete the penalty under section 271(1)(c) for A.Y. 2007-08. The judgment emphasized the importance of disclosing primary facts and the technical nature of the mistake in withdrawing the claim. The decision was based on the principle that penalties should not be imposed for minor or technical errors when all relevant details were disclosed. Case-Laws Income Tax Wed, 08 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=215040