https://www.taxtmi.com/caselaws?id=378235 The Department's appeal challenging the cancellation of penalty under section 271(1)(c) of the I.T. Act, 1961 for A.Y. 2009-2010 was dismissed due to the tax effect being less than Rs. 20 lakhs, falling below the threshold set by CBDT's Circular No.3/2018. The appeal was not pursued by the Department in compliance with the Circular, leading to its dismissal for not meeting the criteria outlined. en-us Tue, 09 Apr 2019 00:00:00 +0530 Wed, 10 Apr 2019 11:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378235 The Department's appeal challenging the cancellation of penalty under section 271(1)(c) of the I.T. Act, 1961 for A.Y. 2009-2010 was dismissed due to the tax effect being less than Rs. 20 lakhs, falling below the threshold set by CBDT's Circular No.3/2018. The appeal was not pursued by the Department in compliance with the Circular, leading to its dismissal for not meeting the criteria outlined. Case-Laws Income Tax Tue, 09 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378235