https://www.taxtmi.com/caselaws?id=397361 The Tribunal dismissed the Revenue's appeal against a penalty order under section 271(1)(c) of the Income Tax Act, 1961 for A.Y. 2008-09. The penalty was deleted based on legal precedents, including the case of Commissioner of Income Tax vs. Reliance Petroproducts Pvt. Ltd. The Tribunal found no discrepancies in the Commissioner's order and cited the impact of Covid-19 on the pronouncement of orders, excluding the lockdown period from the time limit calculation. The judgment emphasized adherence to legal precedents and pragmatic adjustments due to the pandemic, leading to the dismissal of the appeal. en-us Tue, 02 Jun 2020 00:00:00 +0530 Mon, 17 Aug 2020 10:04:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397361 The Tribunal dismissed the Revenue's appeal against a penalty order under section 271(1)(c) of the Income Tax Act, 1961 for A.Y. 2008-09. The penalty was deleted based on legal precedents, including the case of Commissioner of Income Tax vs. Reliance Petroproducts Pvt. Ltd. The Tribunal found no discrepancies in the Commissioner's order and cited the impact of Covid-19 on the pronouncement of orders, excluding the lockdown period from the time limit calculation. The judgment emphasized adherence to legal precedents and pragmatic adjustments due to the pandemic, leading to the dismissal of the appeal. Case-Laws Income Tax Tue, 02 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397361