https://www.taxtmi.com/caselaws?id=358080 The appeals were dismissed as no substantial question of law arose from the findings of the CIT(A) and the Tribunal. The judgment reiterated that penalties under Section 271(1)(c) were not applicable to an assessee taxed under Section 115JB, emphasizing the legal distinction between assessments under different provisions of the Income Tax Act. en-us Fri, 21 Jul 2017 00:00:00 +0530 Wed, 04 Apr 2018 08:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=358080 The appeals were dismissed as no substantial question of law arose from the findings of the CIT(A) and the Tribunal. The judgment reiterated that penalties under Section 271(1)(c) were not applicable to an assessee taxed under Section 115JB, emphasizing the legal distinction between assessments under different provisions of the Income Tax Act. Case-Laws Income Tax Fri, 21 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=358080