https://www.taxtmi.com/caselaws?id=399743 The ITAT upheld the deletion of penalties for the assessment years 2010-11 & 2011-12, citing lack of clarity in the penalty notices issued under section 274 r.w.s. 271 and following the decisions of the Karnataka High Court and the Supreme Court in related cases. The ITAT dismissed the revenue's appeals and upheld the orders of the ld CIT(A) to delete the penalties. en-us Thu, 15 Oct 2020 00:00:00 +0530 Mon, 19 Oct 2020 19:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399743 The ITAT upheld the deletion of penalties for the assessment years 2010-11 & 2011-12, citing lack of clarity in the penalty notices issued under section 274 r.w.s. 271 and following the decisions of the Karnataka High Court and the Supreme Court in related cases. The ITAT dismissed the revenue's appeals and upheld the orders of the ld CIT(A) to delete the penalties. Case-Laws Income Tax Thu, 15 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399743