https://www.taxtmi.com/caselaws?id=275221 The Tribunal allowed the appeal, setting aside the Commissioner of Income Tax (Appeals)'s enhancement of income by Rs. 1 lac for the disallowance of expenditure related to a penalty imposed by Custom Authorities. The Tribunal found that the penalty imposed in 2006 could not be justified for the assessment year 2000-01, leading to the dismissal of the enhancement. The appeal was partly allowed, with other grounds not pursued being dismissed. en-us Thu, 21 Dec 2017 00:00:00 +0530 Sat, 22 Sep 2018 17:15:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=275221 The Tribunal allowed the appeal, setting aside the Commissioner of Income Tax (Appeals)'s enhancement of income by Rs. 1 lac for the disallowance of expenditure related to a penalty imposed by Custom Authorities. The Tribunal found that the penalty imposed in 2006 could not be justified for the assessment year 2000-01, leading to the dismissal of the enhancement. The appeal was partly allowed, with other grounds not pursued being dismissed. Case-Laws Income Tax Thu, 21 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=275221