https://www.taxtmi.com/caselaws?id=377138 The Tribunal set aside the quantum addition confirmed by the Commissioner of Income Tax (Appeals) due to the assessee's reasonable opportunity to be heard. Consequently, the penalty under section 271(1)(c) was also set aside as it was based on the additions in the assessment order that did not survive. Both appeals were allowed in favor of the assessee for statistical purposes. en-us Tue, 19 Mar 2019 00:00:00 +0530 Sat, 23 Mar 2019 12:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377138 The Tribunal set aside the quantum addition confirmed by the Commissioner of Income Tax (Appeals) due to the assessee's reasonable opportunity to be heard. Consequently, the penalty under section 271(1)(c) was also set aside as it was based on the additions in the assessment order that did not survive. Both appeals were allowed in favor of the assessee for statistical purposes. Case-Laws Income Tax Tue, 19 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377138