https://www.taxtmi.com/caselaws?id=221175 The Tribunal dismissed the assessee's appeal due to the lack of sufficient grounds for condonation of delay in filing the appeal. The Tribunal upheld the CIT (A)'s decision to delete the penalty imposed under section 271(1)(c) of the Act, as the assessee had disclosed all relevant particulars and had not furnished inaccurate information. The claim for bad debts of Rs. 14.82 lakhs was not addressed on merits due to the dismissal of the appeal based on delay. en-us Fri, 07 Dec 2012 00:00:00 +0530 Tue, 26 Feb 2013 07:41:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=221175 The Tribunal dismissed the assessee's appeal due to the lack of sufficient grounds for condonation of delay in filing the appeal. The Tribunal upheld the CIT (A)'s decision to delete the penalty imposed under section 271(1)(c) of the Act, as the assessee had disclosed all relevant particulars and had not furnished inaccurate information. The claim for bad debts of Rs. 14.82 lakhs was not addressed on merits due to the dismissal of the appeal based on delay. Case-Laws Income Tax Fri, 07 Dec 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=221175