https://www.taxtmi.com/caselaws?id=406366 The Tribunal partially allowed the Assessee's appeal, quashing the penalties imposed under section 158 BFA(2)/(3) and section 271(1)(c) of the Income Tax Act. The challenge regarding the penalty towards bad debts was not addressed as the Assessee succeeded on technical grounds. The decision was pronounced on 17/03/2021 at Ahmedabad. en-us Wed, 17 Mar 2021 00:00:00 +0530 Tue, 13 Apr 2021 08:58:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406366 The Tribunal partially allowed the Assessee's appeal, quashing the penalties imposed under section 158 BFA(2)/(3) and section 271(1)(c) of the Income Tax Act. The challenge regarding the penalty towards bad debts was not addressed as the Assessee succeeded on technical grounds. The decision was pronounced on 17/03/2021 at Ahmedabad. Case-Laws Income Tax Wed, 17 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406366