https://www.taxtmi.com/caselaws?id=372875 The High Court dismissed the appeals challenging the Tribunal's deletion of penalties under Section 271(1)(c) of the Income Tax Act, 1961 for Assessment Years 2007-08 and 2008-09. The Tribunal's decision was upheld, stating that without specific details from the Assessing Officer, the penalty proceedings lacked jurisdiction. The High Court relied on precedent cases and found no substantial question of law to entertain the appeal, ultimately ruling in favor of the assessee and dismissing the appeals without costs. en-us Tue, 11 Dec 2018 00:00:00 +0530 Tue, 01 Jan 2019 14:45:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372875 The High Court dismissed the appeals challenging the Tribunal's deletion of penalties under Section 271(1)(c) of the Income Tax Act, 1961 for Assessment Years 2007-08 and 2008-09. The Tribunal's decision was upheld, stating that without specific details from the Assessing Officer, the penalty proceedings lacked jurisdiction. The High Court relied on precedent cases and found no substantial question of law to entertain the appeal, ultimately ruling in favor of the assessee and dismissing the appeals without costs. Case-Laws Income Tax Tue, 11 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372875