https://www.taxtmi.com/caselaws?id=347988 The court condoned the delay in filing appeals in ITA No. 595/2017 and ITA No. 725/2017. In relation to the penalty under Section 271(1)(c) of the Income Tax Act for AY 2005-06 and AY 2006-07, the ITAT upheld the decision to delete the penalty. The Assessee's non-pursuance of the appeal on the AAD issue, coupled with adequate disclosure of information regarding the recovery of transmission charges, led to the dismissal of the appeals. The court found no substantial question of law, resulting in the dismissal of the appeals. en-us Fri, 08 Sep 2017 00:00:00 +0530 Wed, 13 Sep 2017 21:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=347988 The court condoned the delay in filing appeals in ITA No. 595/2017 and ITA No. 725/2017. In relation to the penalty under Section 271(1)(c) of the Income Tax Act for AY 2005-06 and AY 2006-07, the ITAT upheld the decision to delete the penalty. The Assessee's non-pursuance of the appeal on the AAD issue, coupled with adequate disclosure of information regarding the recovery of transmission charges, led to the dismissal of the appeals. The court found no substantial question of law, resulting in the dismissal of the appeals. Case-Laws Income Tax Fri, 08 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=347988