https://www.taxtmi.com/caselaws?id=353069 The Tribunal found the penalty order invalid due to mismatched figures and lack of proper satisfaction. The enhancement by the CIT(A) was deemed invalid and deleted. The Assessing Officer was directed to delete the penalty amount of Rs. 11,74,601. The appeal of the assessee was allowed, and the penalty of Rs. 45,43,069 was also deleted as it was based on the invalid penalty order. en-us Fri, 15 Dec 2017 00:00:00 +0530 Wed, 27 Dec 2017 09:53:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=353069 The Tribunal found the penalty order invalid due to mismatched figures and lack of proper satisfaction. The enhancement by the CIT(A) was deemed invalid and deleted. The Assessing Officer was directed to delete the penalty amount of Rs. 11,74,601. The appeal of the assessee was allowed, and the penalty of Rs. 45,43,069 was also deleted as it was based on the invalid penalty order. Case-Laws Income Tax Fri, 15 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=353069