https://www.taxtmi.com/caselaws?id=377658 The Tribunal allowed the appeal, deleting the penalty under section 271(1)(c) as the initial cause for the penalty ceased to exist after the order was set aside in favor of the assessee in the quantum appeal. The Tribunal refrained from adjudicating on the claim for deduction under Section 80P due to pending jurisdictional issues, ultimately leading to the deletion of the penalty. The issue of recording satisfaction for the penalty was moot as the grounds for the penalty were eliminated. The Tribunal's decision was primarily based on the absence of the initial cause for the penalty. en-us Fri, 29 Mar 2019 00:00:00 +0530 Mon, 01 Apr 2019 16:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377658 The Tribunal allowed the appeal, deleting the penalty under section 271(1)(c) as the initial cause for the penalty ceased to exist after the order was set aside in favor of the assessee in the quantum appeal. The Tribunal refrained from adjudicating on the claim for deduction under Section 80P due to pending jurisdictional issues, ultimately leading to the deletion of the penalty. The issue of recording satisfaction for the penalty was moot as the grounds for the penalty were eliminated. The Tribunal's decision was primarily based on the absence of the initial cause for the penalty. Case-Laws Income Tax Fri, 29 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377658