https://www.taxtmi.com/caselaws?id=376715 The ITAT confirmed the CIT(A)'s decision to delete the penalty under section 271(1)(c) for disallowance of payment made to employees under VSS for Assessment Year 2007-08. The ITAT found the issue debatable with conflicting interpretations by different authorities, leading to the penalty not being sustainable due to lack of clarity in the penalty order. The appeal of the assessing officer was dismissed, upholding the deletion of the penalty. en-us Wed, 13 Mar 2019 00:00:00 +0530 Thu, 14 Mar 2019 18:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376715 The ITAT confirmed the CIT(A)'s decision to delete the penalty under section 271(1)(c) for disallowance of payment made to employees under VSS for Assessment Year 2007-08. The ITAT found the issue debatable with conflicting interpretations by different authorities, leading to the penalty not being sustainable due to lack of clarity in the penalty order. The appeal of the assessing officer was dismissed, upholding the deletion of the penalty. Case-Laws Income Tax Wed, 13 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376715