https://www.taxtmi.com/caselaws?id=412736 The ITAT dismissed the Revenue's appeals, affirming that the penalty notices were invalid due to the non-striking off of irrelevant portions, following the precedent set by the Bombay High Court. The penalty levied under Section 271(1)(c) was rightly deleted by the CIT(A), and the decision was pronounced in open court on 20/09/2021. en-us Mon, 20 Sep 2021 00:00:00 +0530 Fri, 24 Sep 2021 11:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=412736 The ITAT dismissed the Revenue's appeals, affirming that the penalty notices were invalid due to the non-striking off of irrelevant portions, following the precedent set by the Bombay High Court. The penalty levied under Section 271(1)(c) was rightly deleted by the CIT(A), and the decision was pronounced in open court on 20/09/2021. Case-Laws Income Tax Mon, 20 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=412736