https://www.taxtmi.com/caselaws?id=338335 The appeals were dismissed as the court found no substantial question of law arising from the imposition of penalties under Section 271(1)(c) of the Income Tax Act for the assessment years in question. The Tribunal's decision to delete penalties was upheld based on factual findings and the absence of evidence to justify the penalties. The court emphasized that the primary issue was whether the conditions for imposing penalties were met, leading to the dismissal of all three appeals. en-us Mon, 16 Jan 2017 00:00:00 +0530 Wed, 01 Feb 2017 08:45:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338335 The appeals were dismissed as the court found no substantial question of law arising from the imposition of penalties under Section 271(1)(c) of the Income Tax Act for the assessment years in question. The Tribunal's decision to delete penalties was upheld based on factual findings and the absence of evidence to justify the penalties. The court emphasized that the primary issue was whether the conditions for imposing penalties were met, leading to the dismissal of all three appeals. Case-Laws Income Tax Mon, 16 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338335