https://www.taxtmi.com/caselaws?id=13466 The High Court allowed the appeal, set aside the penalty imposed by the Assessing Officer under section 271(1)(c) of the Act, and remanded the case to the Tribunal for a fresh decision on the quantum of penalty to be imposed on the assessee. The court emphasized the need for reconsideration due to a previous court order affecting the penalty imposition. The Tribunal was directed to complete the reconsideration within three months, with no costs awarded in the judgment. en-us Tue, 21 Feb 2006 00:00:00 +0530 Fri, 29 May 2009 11:15:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13466 The High Court allowed the appeal, set aside the penalty imposed by the Assessing Officer under section 271(1)(c) of the Act, and remanded the case to the Tribunal for a fresh decision on the quantum of penalty to be imposed on the assessee. The court emphasized the need for reconsideration due to a previous court order affecting the penalty imposition. The Tribunal was directed to complete the reconsideration within three months, with no costs awarded in the judgment. Case-Laws Income Tax Tue, 21 Feb 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13466