https://www.taxtmi.com/caselaws?id=344124 The Appellate Tribunal upheld the decision of the Commissioner of Income Tax (Appeals) to delete the penalty imposed under section 271(1)(d) of the Income Tax Act for the Assessment Year 2006-07. The Tribunal emphasized the appellant's full disclosure and good faith actions regarding the disputed expenditure for Fringe Benefit Tax liability, leading to the dismissal of the Revenue's appeal. en-us Wed, 31 May 2017 00:00:00 +0530 Fri, 09 Jun 2017 05:35:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344124 The Appellate Tribunal upheld the decision of the Commissioner of Income Tax (Appeals) to delete the penalty imposed under section 271(1)(d) of the Income Tax Act for the Assessment Year 2006-07. The Tribunal emphasized the appellant's full disclosure and good faith actions regarding the disputed expenditure for Fringe Benefit Tax liability, leading to the dismissal of the Revenue's appeal. Case-Laws Income Tax Wed, 31 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344124