https://www.taxtmi.com/caselaws?id=260607 The High Court upheld the deletion of penalty under Section-271(1)(c) of the Income Tax Act for the assessment year 2002-03. The Court found no justification for the penalty after deletion of additions in the quantum appeal, thereby sustaining the impugned orders. The substantial questions of law were answered in favor of the assessee, leading to the dismissal of the department's appeal. en-us Mon, 20 Apr 2015 00:00:00 +0530 Thu, 18 Jun 2015 06:29:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260607 The High Court upheld the deletion of penalty under Section-271(1)(c) of the Income Tax Act for the assessment year 2002-03. The Court found no justification for the penalty after deletion of additions in the quantum appeal, thereby sustaining the impugned orders. The substantial questions of law were answered in favor of the assessee, leading to the dismissal of the department's appeal. Case-Laws Income Tax Mon, 20 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260607