https://www.taxtmi.com/caselaws?id=344917 The tribunal partially allowed the appeal, directing the AO to recompute the penalty amount, granting the assessee partial relief. The penalty was to be levied only on the portion of the income assessed that was not substantiated by the assessee, excluding the income already returned. en-us Mon, 23 Jan 2017 00:00:00 +0530 Sat, 01 Jul 2017 18:35:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344917 The tribunal partially allowed the appeal, directing the AO to recompute the penalty amount, granting the assessee partial relief. The penalty was to be levied only on the portion of the income assessed that was not substantiated by the assessee, excluding the income already returned. Case-Laws Income Tax Mon, 23 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344917