https://www.taxtmi.com/caselaws?id=245052 The Tribunal allowed all three appeals of the assessee, ordering the deletion of the entire penalties imposed. The Tribunal emphasized that the assessee had disclosed income and paid taxes as per the modified statements, and no penalty was justified under the given facts and circumstances. en-us Wed, 12 Mar 2014 00:00:00 +0530 Tue, 18 Mar 2014 13:24:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245052 The Tribunal allowed all three appeals of the assessee, ordering the deletion of the entire penalties imposed. The Tribunal emphasized that the assessee had disclosed income and paid taxes as per the modified statements, and no penalty was justified under the given facts and circumstances. Case-Laws Income Tax Wed, 12 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245052