https://www.taxtmi.com/caselaws?id=406128 The ITAT acknowledged the importance of disposing of the quantum appeal before addressing the penalty issue to avoid multiplicity of litigation. Therefore, the ITAT decided to restore the appeal against the penalty to the CIT(A) for fresh adjudication after the quantum appeal's disposal. The ITAT emphasized the need to address the quantum appeal first before considering the penalty issue, allowing the appeal for statistical purposes without delving into the merits of the penalty imposed. en-us Fri, 26 Mar 2021 00:00:00 +0530 Wed, 07 Apr 2021 09:16:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406128 The ITAT acknowledged the importance of disposing of the quantum appeal before addressing the penalty issue to avoid multiplicity of litigation. Therefore, the ITAT decided to restore the appeal against the penalty to the CIT(A) for fresh adjudication after the quantum appeal's disposal. The ITAT emphasized the need to address the quantum appeal first before considering the penalty issue, allowing the appeal for statistical purposes without delving into the merits of the penalty imposed. Case-Laws Income Tax Fri, 26 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406128