https://www.taxtmi.com/caselaws?id=291245 The Tribunal upheld the deletion of the penalty under section 271(1)(c) by the CIT(A), agreeing with the assessee that the case fell under section 271AAA of the IT Act. Consequently, the revenue's appeal was dismissed, confirming that no penalty under section 271(1)(c) was applicable due to the provisions of section 271AAA. en-us Tue, 16 Dec 2014 00:00:00 +0530 Wed, 13 Nov 2024 12:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291245 The Tribunal upheld the deletion of the penalty under section 271(1)(c) by the CIT(A), agreeing with the assessee that the case fell under section 271AAA of the IT Act. Consequently, the revenue's appeal was dismissed, confirming that no penalty under section 271(1)(c) was applicable due to the provisions of section 271AAA. Case-Laws Income Tax Tue, 16 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291245