https://www.taxtmi.com/caselaws?id=386304 The Tribunal dismissed one appeal while allowing another, directing the deletion of the penalty imposed under section 271(1)(c) of the Income Tax Act. The decision was based on the inadvertent nature of the mistakes made by the assessee, with no intention to evade tax, as supported by legal precedents. The Tribunal also condoned the delay in filing appeals due to various circumstances faced by the assessee, ultimately ruling in favor of the assessee based on factual and legal considerations. en-us Wed, 18 Sep 2019 00:00:00 +0530 Thu, 26 Sep 2019 06:57:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386304 The Tribunal dismissed one appeal while allowing another, directing the deletion of the penalty imposed under section 271(1)(c) of the Income Tax Act. The decision was based on the inadvertent nature of the mistakes made by the assessee, with no intention to evade tax, as supported by legal precedents. The Tribunal also condoned the delay in filing appeals due to various circumstances faced by the assessee, ultimately ruling in favor of the assessee based on factual and legal considerations. Case-Laws Income Tax Wed, 18 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386304