https://www.taxtmi.com/caselaws?id=405671 The Tribunal condoned the delay in filing the appeal due to inadvertent error, ruling in favor of the assessee. Penalties under Section 271(1)(c) for unproved liabilities and unexplained cash credits were deemed inappropriate. The AO's decision was overturned, and the penalties were directed to be deleted. The appeal by the assessee was allowed in full. en-us Fri, 19 Mar 2021 00:00:00 +0530 Thu, 25 Mar 2021 09:32:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405671 The Tribunal condoned the delay in filing the appeal due to inadvertent error, ruling in favor of the assessee. Penalties under Section 271(1)(c) for unproved liabilities and unexplained cash credits were deemed inappropriate. The AO's decision was overturned, and the penalties were directed to be deleted. The appeal by the assessee was allowed in full. Case-Laws Income Tax Fri, 19 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405671