https://www.taxtmi.com/caselaws?id=338890 The Tribunal allowed the appeals filed by the assessee against the order of ld. CIT(A), deleting the alert issued by ld. CIT(A) regarding the trust's status and income implications. The Tribunal emphasized the limited powers of appellate authorities in penalty matters, citing relevant statutory provisions and judicial precedents. The appellant successfully challenged the alert, highlighting that appellate authorities cannot issue directions beyond statutory limitations. en-us Tue, 07 Feb 2017 00:00:00 +0530 Sat, 11 Feb 2017 13:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338890 The Tribunal allowed the appeals filed by the assessee against the order of ld. CIT(A), deleting the alert issued by ld. CIT(A) regarding the trust's status and income implications. The Tribunal emphasized the limited powers of appellate authorities in penalty matters, citing relevant statutory provisions and judicial precedents. The appellant successfully challenged the alert, highlighting that appellate authorities cannot issue directions beyond statutory limitations. Case-Laws Income Tax Tue, 07 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338890