https://www.taxtmi.com/caselaws?id=10085 The High Court directed the Tribunal to prepare a statement of the case and refer a question of law regarding the deletion of penalty under section 271(1)(c) of the Income-tax Act, 1961 for its consideration. The judgment highlights the importance of procedural compliance and proper interpretation of statutory provisions in reference applications under the Income-tax Act, emphasizing the impact of High Court directives and related reference petitions on the Tribunal's decision-making process. It underscores the need for consistency and adherence to legal procedures for the effective resolution of tax disputes. en-us Mon, 08 Mar 2004 00:00:00 +0530 Tue, 07 Jul 2009 11:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10085 The High Court directed the Tribunal to prepare a statement of the case and refer a question of law regarding the deletion of penalty under section 271(1)(c) of the Income-tax Act, 1961 for its consideration. The judgment highlights the importance of procedural compliance and proper interpretation of statutory provisions in reference applications under the Income-tax Act, emphasizing the impact of High Court directives and related reference petitions on the Tribunal's decision-making process. It underscores the need for consistency and adherence to legal procedures for the effective resolution of tax disputes. Case-Laws Income Tax Mon, 08 Mar 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10085