https://www.taxtmi.com/caselaws?id=380911 The Tribunal upheld the decision of the Commissioner (Appeals) to delete the penalty under section 271(1)(c) of the Income Tax Act, 1961 for the assessment year 2005-06. The penalty was based on additions that were subsequently deleted by the Tribunal in the quantum appeal, rendering the penalty irrelevant. As there was no basis for the penalty to stand post the deletion of the additions, the appeal challenging the deletion of the penalty was dismissed. en-us Fri, 17 May 2019 00:00:00 +0530 Fri, 31 May 2019 09:19:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380911 The Tribunal upheld the decision of the Commissioner (Appeals) to delete the penalty under section 271(1)(c) of the Income Tax Act, 1961 for the assessment year 2005-06. The penalty was based on additions that were subsequently deleted by the Tribunal in the quantum appeal, rendering the penalty irrelevant. As there was no basis for the penalty to stand post the deletion of the additions, the appeal challenging the deletion of the penalty was dismissed. Case-Laws Income Tax Fri, 17 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380911