https://www.taxtmi.com/caselaws?id=409526 The Tribunal dismissed the Revenue's appeal, upholding the deletion of the penalty under section 271(1)(c) by the ld. CIT(A). The Tribunal found that the income had been declared in the return filed in response to the notice under section 153A, and the case did not fall under Explanation 5A. The decision was supported by legal precedents and factual considerations, leading to the dismissal of the Revenue's appeal. en-us Mon, 05 Jul 2021 00:00:00 +0530 Sat, 10 Jul 2021 08:39:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409526 The Tribunal dismissed the Revenue's appeal, upholding the deletion of the penalty under section 271(1)(c) by the ld. CIT(A). The Tribunal found that the income had been declared in the return filed in response to the notice under section 153A, and the case did not fall under Explanation 5A. The decision was supported by legal precedents and factual considerations, leading to the dismissal of the Revenue's appeal. Case-Laws Income Tax Mon, 05 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409526