https://www.taxtmi.com/caselaws?id=329463 The appeal challenging the Income Tax Appellate Tribunal's order for Assessment Year 2003-04, specifically regarding the deletion of penalties under Section 271(1)(c) for discrepancies in sales tax liability and disallowed claims under Section 80M, was dismissed. The Court upheld the Tribunal's penalty deletion based on previous decisions in quantum proceedings and other cases, concluding in favor of the revenue on the sales tax liability issue and in favor of the respondent assessee on the disallowed claim issue. No costs were awarded, and the Court considered the matters concluded based on previous judgments. en-us Thu, 09 Jun 2016 00:00:00 +0530 Sat, 02 Jul 2016 12:10:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329463 The appeal challenging the Income Tax Appellate Tribunal's order for Assessment Year 2003-04, specifically regarding the deletion of penalties under Section 271(1)(c) for discrepancies in sales tax liability and disallowed claims under Section 80M, was dismissed. The Court upheld the Tribunal's penalty deletion based on previous decisions in quantum proceedings and other cases, concluding in favor of the revenue on the sales tax liability issue and in favor of the respondent assessee on the disallowed claim issue. No costs were awarded, and the Court considered the matters concluded based on previous judgments. Case-Laws Income Tax Thu, 09 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329463