https://www.taxtmi.com/caselaws?id=182150 The Tribunal dismissed both the assessee's and the Department's appeals, upholding the CIT(A)'s decision to delete the penalty on the enhanced amount and confirming the penalty on the undisclosed income determined by the Assessing Officer. The Tribunal emphasized the distinct jurisdictions of the Assessing Officer and CIT(A) in directing penalties under Section 158BFA(2). en-us Fri, 17 Oct 2008 00:00:00 +0530 Tue, 03 May 2016 18:08:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=182150 The Tribunal dismissed both the assessee's and the Department's appeals, upholding the CIT(A)'s decision to delete the penalty on the enhanced amount and confirming the penalty on the undisclosed income determined by the Assessing Officer. The Tribunal emphasized the distinct jurisdictions of the Assessing Officer and CIT(A) in directing penalties under Section 158BFA(2). Case-Laws Income Tax Fri, 17 Oct 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=182150