https://www.taxtmi.com/caselaws?id=372868 The Tribunal upheld the CIT(A)'s decision to delete the penalty, ruling in favor of the assessee. The disputed issues were found to be debatable, and there was no evidence of concealment or furnishing inaccurate particulars. The Tribunal dismissed the Revenue's appeal, emphasizing that the penalty was not justified in this case. en-us Mon, 29 Oct 2018 00:00:00 +0530 Tue, 01 Jan 2019 14:30:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372868 The Tribunal upheld the CIT(A)'s decision to delete the penalty, ruling in favor of the assessee. The disputed issues were found to be debatable, and there was no evidence of concealment or furnishing inaccurate particulars. The Tribunal dismissed the Revenue's appeal, emphasizing that the penalty was not justified in this case. Case-Laws Income Tax Mon, 29 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372868