https://www.taxtmi.com/caselaws?id=279963 The tribunal confirmed the jurisdiction of the JCIT and partially allowed the quantum appeals for statistical purposes. The penalty appeals were allowed, canceling the penalties imposed under section 272(A)(2)(e) of the Income-tax Act, 1961, due to the assessee's bona fide belief and cooperation promised for the reassessment process. en-us Tue, 07 Aug 2018 00:00:00 +0530 Sat, 13 Apr 2019 05:44:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279963 The tribunal confirmed the jurisdiction of the JCIT and partially allowed the quantum appeals for statistical purposes. The penalty appeals were allowed, canceling the penalties imposed under section 272(A)(2)(e) of the Income-tax Act, 1961, due to the assessee's bona fide belief and cooperation promised for the reassessment process. Case-Laws Income Tax Tue, 07 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279963