https://www.taxtmi.com/caselaws?id=296270 The Tribunal upheld the deletion of the penalty under section 271(1)(c) of the Act for the assessment year 2006-2007. The Commissioner of Income-tax (Appeals) had deleted the penalty imposed by the Assessing Officer, which was based on additions later removed by the Tribunal in quantum proceedings. As there was no indication of the Tribunal's decision being overturned or altered by the High Court, the Tribunal affirmed the deletion of the penalty. The appeal by the Revenue was dismissed on August 16, 2013. en-us Fri, 16 Aug 2013 00:00:00 +0530 Tue, 13 Jul 2021 09:55:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=296270 The Tribunal upheld the deletion of the penalty under section 271(1)(c) of the Act for the assessment year 2006-2007. The Commissioner of Income-tax (Appeals) had deleted the penalty imposed by the Assessing Officer, which was based on additions later removed by the Tribunal in quantum proceedings. As there was no indication of the Tribunal's decision being overturned or altered by the High Court, the Tribunal affirmed the deletion of the penalty. The appeal by the Revenue was dismissed on August 16, 2013. Case-Laws Income Tax Fri, 16 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=296270