https://www.taxtmi.com/caselaws?id=189655 The High Court dismissed the Revenue's appeal challenging penalty proceedings under section 271(1)(c) of the IT Act, 1961, citing a precedent from the Court that had been affirmed by the Supreme Court. The Court held that the decision was binding, as affirmed by the Supreme Court without reasons, and found no grounds to interfere. en-us Wed, 18 Jul 2001 00:00:00 +0530 Mon, 16 Jan 2017 16:41:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189655 The High Court dismissed the Revenue's appeal challenging penalty proceedings under section 271(1)(c) of the IT Act, 1961, citing a precedent from the Court that had been affirmed by the Supreme Court. The Court held that the decision was binding, as affirmed by the Supreme Court without reasons, and found no grounds to interfere. Case-Laws Income Tax Wed, 18 Jul 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189655