https://www.taxtmi.com/caselaws?id=248445 The Tribunal upheld the CIT(A)'s decisions, dismissing the revenue's appeals and the assessee's cross objections. The treatment of unutilized CENVAT/MODVAT credit was supported by legal precedents, leading to the deletion of penalties for various disallowances and deductions. Assessment orders under section 153A were deemed legal, and penalties were considered unwarranted based on established legal principles. en-us Thu, 31 Jan 2013 00:00:00 +0530 Thu, 12 Jun 2014 12:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=248445 The Tribunal upheld the CIT(A)'s decisions, dismissing the revenue's appeals and the assessee's cross objections. The treatment of unutilized CENVAT/MODVAT credit was supported by legal precedents, leading to the deletion of penalties for various disallowances and deductions. Assessment orders under section 153A were deemed legal, and penalties were considered unwarranted based on established legal principles. Case-Laws Income Tax Thu, 31 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=248445