https://www.taxtmi.com/caselaws?id=186050 The Tribunal partially allowed the Revenue's appeal for statistical purposes, dismissed the Revenue's appeals, and dismissed the Assessee's cross-objections as not pressed. The judgment was pronounced on 07/08/2009. The Tribunal upheld the CIT(A)'s decision to delete the penalty imposed under section 271(1)(c) due to the deletion of additions made on account of unexplained cash credit under section 68. The issue regarding the computation of deduction under section 80HHC was remanded back to the Assessing officer for reconsideration in light of the relevant amendment. en-us Fri, 07 Aug 2009 00:00:00 +0530 Tue, 06 Sep 2016 15:27:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186050 The Tribunal partially allowed the Revenue's appeal for statistical purposes, dismissed the Revenue's appeals, and dismissed the Assessee's cross-objections as not pressed. The judgment was pronounced on 07/08/2009. The Tribunal upheld the CIT(A)'s decision to delete the penalty imposed under section 271(1)(c) due to the deletion of additions made on account of unexplained cash credit under section 68. The issue regarding the computation of deduction under section 80HHC was remanded back to the Assessing officer for reconsideration in light of the relevant amendment. Case-Laws Income Tax Fri, 07 Aug 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186050