https://www.taxtmi.com/caselaws?id=376197 The tribunal found the penalty imposed under section 271(1)(c) of the Income Tax Act for the assessment year 2009-10 to be legally flawed as it should have been imposed under section 271AAA. The tribunal directed the deletion of the penalty, ruling that the imposition under section 271(1)(c) was not in accordance with statutory provisions. The assessee's appeal was allowed, and the penalty amount was ordered to be deleted by the tribunal. en-us Thu, 28 Feb 2019 00:00:00 +0530 Tue, 05 Mar 2019 07:33:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376197 The tribunal found the penalty imposed under section 271(1)(c) of the Income Tax Act for the assessment year 2009-10 to be legally flawed as it should have been imposed under section 271AAA. The tribunal directed the deletion of the penalty, ruling that the imposition under section 271(1)(c) was not in accordance with statutory provisions. The assessee's appeal was allowed, and the penalty amount was ordered to be deleted by the tribunal. Case-Laws Income Tax Thu, 28 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376197