https://www.taxtmi.com/caselaws?id=346214 The tribunal directed the Assessing Officer to verify all details and ascertain the correct income, emphasizing the need for proper documentation and proof in the quantum appeal regarding addition to returned income. The penalty appeal challenging the legality of the penalty imposed under section 271(1)(c) was deemed infructuous as the quantum appeal was set aside for verification, highlighting the interplay between quantum and penalty appeals. The tribunal emphasized the importance of providing the appellant with opportunities to present evidence and ensuring proper adjudication in both quantum and penalty proceedings. en-us Thu, 08 Dec 2016 00:00:00 +0530 Mon, 07 Aug 2017 17:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=346214 The tribunal directed the Assessing Officer to verify all details and ascertain the correct income, emphasizing the need for proper documentation and proof in the quantum appeal regarding addition to returned income. The penalty appeal challenging the legality of the penalty imposed under section 271(1)(c) was deemed infructuous as the quantum appeal was set aside for verification, highlighting the interplay between quantum and penalty appeals. The tribunal emphasized the importance of providing the appellant with opportunities to present evidence and ensuring proper adjudication in both quantum and penalty proceedings. Case-Laws Income Tax Thu, 08 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=346214