https://www.taxtmi.com/highlights?id=21155 Restriction of penalty imposed u/s 140A(3) to 25% - when the authorities were justified in restricting the penalty to 25% based on cogent material and finding, more so when it is discretionary as the same is clearly rendered u/s 221 order of tribunal sustained - HC en-us Wed, 24 Dec 2014 22:47:29 +0530 Wed, 24 Dec 2014 22:47:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=21155 Restriction of penalty imposed u/s 140A(3) to 25% - when the authorities were justified in restricting the penalty to 25% based on cogent material and finding, more so when it is discretionary as the same is clearly rendered u/s 221 order of tribunal sustained - HC Highlights Income Tax Wed, 24 Dec 2014 22:47:29 +0530 https://www.taxtmi.com/highlights?id=21155