https://www.taxtmi.com/caselaws?id=397819 The Tribunal allowed the assessee's appeal, deleting penalties under section 271G of the Income Tax Act. It found the assessee had adequately maintained documentation, responded to queries, and the notice issued lacked specificity. Relying on precedent, the Tribunal concluded penalties were unwarranted, setting aside the Commissioner's decision and ruling in favor of the assessee. en-us Fri, 28 Aug 2020 00:00:00 +0530 Sat, 29 Aug 2020 12:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397819 The Tribunal allowed the assessee's appeal, deleting penalties under section 271G of the Income Tax Act. It found the assessee had adequately maintained documentation, responded to queries, and the notice issued lacked specificity. Relying on precedent, the Tribunal concluded penalties were unwarranted, setting aside the Commissioner's decision and ruling in favor of the assessee. Case-Laws Income Tax Fri, 28 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397819