https://www.taxtmi.com/caselaws?id=409141 The Tribunal allowed the appeals, condoning the delay in filing and remitting the penalty issue back to the CIT(A) for fresh consideration post the determination of quantum additions. The decision emphasized a justice-oriented approach in interpreting "sufficient cause" for delay and recognized the interdependence of penalty quantification on finalized quantum additions. en-us Tue, 29 Jun 2021 00:00:00 +0530 Wed, 30 Jun 2021 08:22:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409141 The Tribunal allowed the appeals, condoning the delay in filing and remitting the penalty issue back to the CIT(A) for fresh consideration post the determination of quantum additions. The decision emphasized a justice-oriented approach in interpreting "sufficient cause" for delay and recognized the interdependence of penalty quantification on finalized quantum additions. Case-Laws Income Tax Tue, 29 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409141