https://www.taxtmi.com/caselaws?id=187214 The Tribunal canceled penalties imposed on the assessee for all assessment years, citing lack of evidence linking the undisclosed income to the assessee. The Revenue's appeals were dismissed, affirming the penalty reduction to tax evaded amounts as directed by the CIT(A) in line with the Tribunal's quantum appeals decision. en-us Tue, 31 Aug 2010 00:00:00 +0530 Fri, 14 Oct 2016 11:00:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=187214 The Tribunal canceled penalties imposed on the assessee for all assessment years, citing lack of evidence linking the undisclosed income to the assessee. The Revenue's appeals were dismissed, affirming the penalty reduction to tax evaded amounts as directed by the CIT(A) in line with the Tribunal's quantum appeals decision. Case-Laws Income Tax Tue, 31 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=187214