https://www.taxtmi.com/caselaws?id=391000 The Tribunal partially allowed the appeals, deleting penalties imposed under section 271(1)(c) for the assessment years 2006-07 and 2008-09. For the assessment year 2009-10, the penalty under section 271AAA was partially sustained, limited to Rs. 42,05,000 for unexplained expenditure. en-us Fri, 10 Jan 2020 00:00:00 +0530 Thu, 16 Jan 2020 19:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391000 The Tribunal partially allowed the appeals, deleting penalties imposed under section 271(1)(c) for the assessment years 2006-07 and 2008-09. For the assessment year 2009-10, the penalty under section 271AAA was partially sustained, limited to Rs. 42,05,000 for unexplained expenditure. Case-Laws Income Tax Fri, 10 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391000