https://www.taxtmi.com/caselaws?id=389043 The Tribunal set aside the Commissioner of Income Tax (Appeals) order and directed the deletion of the penalty imposed under Section 271(1)(c) of the Income Tax Act, 1961. This decision was made as the disputed issue was referred back to the Assessing Officer for reexamination in a quantum appeal, rendering the penalty unsustainable based on the assessment order. The Tribunal cited a similar case and instructed the Assessing Officer to delete the penalty, ultimately allowing the appellant's appeal. en-us Fri, 20 Sep 2019 00:00:00 +0530 Fri, 29 Nov 2019 11:00:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389043 The Tribunal set aside the Commissioner of Income Tax (Appeals) order and directed the deletion of the penalty imposed under Section 271(1)(c) of the Income Tax Act, 1961. This decision was made as the disputed issue was referred back to the Assessing Officer for reexamination in a quantum appeal, rendering the penalty unsustainable based on the assessment order. The Tribunal cited a similar case and instructed the Assessing Officer to delete the penalty, ultimately allowing the appellant's appeal. Case-Laws Income Tax Fri, 20 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389043