https://www.taxtmi.com/caselaws?id=10380 The High Court of ALLAHABAD affirmed the legality of recalling part of the order confirming penalty under section 271(1)(c) of the Income-tax Act, 1961. The Tribunal's decision to partially allow the application for recalling the order was deemed valid as certain grounds in the memorandum of appeal had not been considered during the initial appeal process. Citing legal precedent, the court ruled in favor of the assessee, concluding that the Tribunal acted within its rights under section 254(2) of the Act. Each party was ordered to bear their own costs in the matter. en-us Wed, 11 Aug 2004 00:00:00 +0530 Tue, 14 Jul 2009 16:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10380 The High Court of ALLAHABAD affirmed the legality of recalling part of the order confirming penalty under section 271(1)(c) of the Income-tax Act, 1961. The Tribunal's decision to partially allow the application for recalling the order was deemed valid as certain grounds in the memorandum of appeal had not been considered during the initial appeal process. Citing legal precedent, the court ruled in favor of the assessee, concluding that the Tribunal acted within its rights under section 254(2) of the Act. Each party was ordered to bear their own costs in the matter. Case-Laws Income Tax Wed, 11 Aug 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10380