https://www.taxtmi.com/caselaws?id=380328 The Tribunal allowed the appeal of the assessee in challenging the penalty levied under section 271(1)(c) of the Income-tax Act, 1961 for additions made during assessment under section 153A for the assessment year 2008-09. The Tribunal, referencing relevant case law, concluded that the penalty was not justified as the additions made during assessment were deleted. Therefore, the penalty imposed by the Commissioner of Income Tax [Appeals] was set aside, and the appeal of the assessee was allowed. en-us Thu, 16 May 2019 00:00:00 +0530 Fri, 17 May 2019 11:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380328 The Tribunal allowed the appeal of the assessee in challenging the penalty levied under section 271(1)(c) of the Income-tax Act, 1961 for additions made during assessment under section 153A for the assessment year 2008-09. The Tribunal, referencing relevant case law, concluded that the penalty was not justified as the additions made during assessment were deleted. Therefore, the penalty imposed by the Commissioner of Income Tax [Appeals] was set aside, and the appeal of the assessee was allowed. Case-Laws Income Tax Thu, 16 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380328