https://www.taxtmi.com/caselaws?id=19683 Penalty under section 271(1)(c) could not survive once the quantum additions had already been finally deleted and the deletion had attained finality. The court noted that the penalty was ancillary to the tax liability, so when no surviving addition remained, there was no basis to sustain the penalty. On that reasoning, it held that this was not a fit case for directing a reference under section 256(2) on the penalty question, and the reference application was dismissed. en-us Mon, 04 Apr 1994 00:00:00 +0530 Sat, 07 Nov 2009 18:40:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19683 Penalty under section 271(1)(c) could not survive once the quantum additions had already been finally deleted and the deletion had attained finality. The court noted that the penalty was ancillary to the tax liability, so when no surviving addition remained, there was no basis to sustain the penalty. On that reasoning, it held that this was not a fit case for directing a reference under section 256(2) on the penalty question, and the reference application was dismissed. Case-Laws Income Tax Mon, 04 Apr 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19683