https://www.taxtmi.com/caselaws?id=395269 The Tribunal set aside the penalty imposed under Section 271(1)(c) for concealed income as the addition on which the penalty was based had been deleted in a previous appeal. The penalty was deemed unsustainable without a valid addition. Additionally, the disallowance of repair expenses and under Section 14A of the IT Act was overturned as the assessee provided evidence of payments for repairs that were not considered by the lower authorities. The Tribunal ruled in favor of the assessee, allowing the appeals for statistical purposes and directing the deletion of penalties and disallowances. en-us Tue, 05 May 2020 00:00:00 +0530 Thu, 14 May 2020 12:57:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395269 The Tribunal set aside the penalty imposed under Section 271(1)(c) for concealed income as the addition on which the penalty was based had been deleted in a previous appeal. The penalty was deemed unsustainable without a valid addition. Additionally, the disallowance of repair expenses and under Section 14A of the IT Act was overturned as the assessee provided evidence of payments for repairs that were not considered by the lower authorities. The Tribunal ruled in favor of the assessee, allowing the appeals for statistical purposes and directing the deletion of penalties and disallowances. Case-Laws Income Tax Tue, 05 May 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395269