https://www.taxtmi.com/caselaws?id=378712 The Appellate Tribunal upheld the CIT(A)'s decision to reduce penalties and delete additions based on estimations in the case. The Tribunal emphasized the importance of specific evidence and consistency in assessments across different years, dismissing the appeals and highlighting the need for concrete evidence to support penalty amounts and additions. en-us Mon, 18 Feb 2019 00:00:00 +0530 Sat, 20 Apr 2019 09:31:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378712 The Appellate Tribunal upheld the CIT(A)'s decision to reduce penalties and delete additions based on estimations in the case. The Tribunal emphasized the importance of specific evidence and consistency in assessments across different years, dismissing the appeals and highlighting the need for concrete evidence to support penalty amounts and additions. Case-Laws Income Tax Mon, 18 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378712