https://www.taxtmi.com/caselaws?id=249922 The Tribunal allowed all three appeals of the assessee, setting aside the penalties imposed under section 271(1)(c) for the claim of interest. The decision was based on the lack of deliberate inaccurate particulars and justifiable reasons for non-compliance, aligning with legal precedents and the principles laid down by the Supreme Court. en-us Wed, 16 Jul 2014 00:00:00 +0530 Mon, 28 Jul 2014 09:25:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=249922 The Tribunal allowed all three appeals of the assessee, setting aside the penalties imposed under section 271(1)(c) for the claim of interest. The decision was based on the lack of deliberate inaccurate particulars and justifiable reasons for non-compliance, aligning with legal precedents and the principles laid down by the Supreme Court. Case-Laws Income Tax Wed, 16 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=249922