https://www.taxtmi.com/caselaws?id=373368 The revenue's appeal challenging relief provided to the assessee for Assessment Year 2006-07 was dismissed. The Ld. CIT(A) had deleted certain additions, including House Property Income and deemed dividend, which the revenue contested. Quantum additions made by the Ld. Income Tax Officer were partially upheld, with the revenue's appeal dismissed due to low tax effect under Circular No.03/2018. The Tribunal allowed the assessee's appeal regarding disputed interest additions and penalty under section 271(1)(c), finding no conclusive proof of inaccurate particulars of income. en-us Wed, 03 Oct 2018 00:00:00 +0530 Fri, 11 Jan 2019 11:19:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373368 The revenue's appeal challenging relief provided to the assessee for Assessment Year 2006-07 was dismissed. The Ld. CIT(A) had deleted certain additions, including House Property Income and deemed dividend, which the revenue contested. Quantum additions made by the Ld. Income Tax Officer were partially upheld, with the revenue's appeal dismissed due to low tax effect under Circular No.03/2018. The Tribunal allowed the assessee's appeal regarding disputed interest additions and penalty under section 271(1)(c), finding no conclusive proof of inaccurate particulars of income. Case-Laws Income Tax Wed, 03 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373368