https://www.taxtmi.com/caselaws?id=413497 The Tribunal allowed the appeal, directing the AO to delete the penalty of Rs. 1,79,430 imposed under section 271(1)(c) of the Income Tax Act, 1961. This decision was based on the admission of a substantial question of law by the High Court, rendering the issue debatable and negating the grounds for the penalty. en-us Thu, 30 Sep 2021 00:00:00 +0530 Wed, 13 Oct 2021 08:43:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413497 The Tribunal allowed the appeal, directing the AO to delete the penalty of Rs. 1,79,430 imposed under section 271(1)(c) of the Income Tax Act, 1961. This decision was based on the admission of a substantial question of law by the High Court, rendering the issue debatable and negating the grounds for the penalty. Case-Laws Income Tax Thu, 30 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413497