https://www.taxtmi.com/caselaws?id=262944 The Tribunal found it inappropriate to levy the penalty under Section 271(1)(c) of the Income Tax Act, as the facts of the case were identical to previous judgments. The Tribunal set aside the penalty imposed by the CIT(A) and allowed the appeal filed by the assessee. The penalty was deleted, and the appeal was allowed on 24-09-2012. en-us Mon, 24 Sep 2012 00:00:00 +0530 Mon, 24 Aug 2015 09:01:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262944 The Tribunal found it inappropriate to levy the penalty under Section 271(1)(c) of the Income Tax Act, as the facts of the case were identical to previous judgments. The Tribunal set aside the penalty imposed by the CIT(A) and allowed the appeal filed by the assessee. The penalty was deleted, and the appeal was allowed on 24-09-2012. Case-Laws Income Tax Mon, 24 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262944