https://www.taxtmi.com/caselaws?id=181035 The appeal involved challenges against penalties under section 271(1)(c) for the assessment year 2007-2008, disallowance of depreciation and insurance premium on a motor car, and deduction under section 80G for the assessment year 2008-2009. The Tribunal allowed the appeal against the penalty imposed under section 271(1)(c) for 2007-2008, citing the admission of a substantial question of law by the High Court as indicative of the bona fides of the assessee's case, leading to the deletion of the penalty. However, the disallowance of depreciation and insurance premium on the motor car for 2008-2009 was upheld, while the matter of deduction under section 80G was remanded to the Assessing Officer for verification, resulting in partial allowance of the appeal for statistical purposes. en-us Wed, 29 Aug 2012 00:00:00 +0530 Wed, 06 Apr 2016 10:35:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181035 The appeal involved challenges against penalties under section 271(1)(c) for the assessment year 2007-2008, disallowance of depreciation and insurance premium on a motor car, and deduction under section 80G for the assessment year 2008-2009. The Tribunal allowed the appeal against the penalty imposed under section 271(1)(c) for 2007-2008, citing the admission of a substantial question of law by the High Court as indicative of the bona fides of the assessee's case, leading to the deletion of the penalty. However, the disallowance of depreciation and insurance premium on the motor car for 2008-2009 was upheld, while the matter of deduction under section 80G was remanded to the Assessing Officer for verification, resulting in partial allowance of the appeal for statistical purposes. Case-Laws Income Tax Wed, 29 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181035