https://www.taxtmi.com/caselaws?id=10336 The High Court of Rajasthan canceled a penalty of Rs. 46,416 imposed under section 273(2)(a) as the addition was deleted in the quantum appeal, leading to no basis for the penalty. The Court ruled in favor of the assessee against the Department. en-us Tue, 22 Jul 2003 00:00:00 +0530 Mon, 13 Jul 2009 18:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10336 The High Court of Rajasthan canceled a penalty of Rs. 46,416 imposed under section 273(2)(a) as the addition was deleted in the quantum appeal, leading to no basis for the penalty. The Court ruled in favor of the assessee against the Department. Case-Laws Income Tax Tue, 22 Jul 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10336