https://www.taxtmi.com/caselaws?id=270422 The Tribunal upheld the Commissioner of Income Tax (Appeals) [CIT (A)]'s decisions on peak credit working and inclusion of regular income, dismissing the assessee's quantum appeals. However, the Tribunal partially allowed appeals related to the penalty under Section 271(1)(c), reducing the penalty from 200% to 100% of the tax sought to be evaded. The order was pronounced on 16th October 2015. en-us Fri, 16 Oct 2015 00:00:00 +0530 Wed, 06 Jan 2016 09:57:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270422 The Tribunal upheld the Commissioner of Income Tax (Appeals) [CIT (A)]'s decisions on peak credit working and inclusion of regular income, dismissing the assessee's quantum appeals. However, the Tribunal partially allowed appeals related to the penalty under Section 271(1)(c), reducing the penalty from 200% to 100% of the tax sought to be evaded. The order was pronounced on 16th October 2015. Case-Laws Income Tax Fri, 16 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270422