https://www.taxtmi.com/caselaws?id=238022 The tribunal allowed the appeal, holding that the penalty levied under section 158BFA(2) was invalid both on legal grounds and on merits. The penalty order was canceled, and the appeal of the assessee was allowed. en-us Fri, 04 Oct 2013 00:00:00 +0530 Mon, 14 Oct 2013 11:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238022 The tribunal allowed the appeal, holding that the penalty levied under section 158BFA(2) was invalid both on legal grounds and on merits. The penalty order was canceled, and the appeal of the assessee was allowed. Case-Laws Income Tax Fri, 04 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238022