https://www.taxtmi.com/caselaws?id=416180 The High Court allowed the appeal, set aside the Tribunal's order, and remanded the matter for fresh consideration specifically for the assessment year 2007-08. The Court emphasized the need for a more detailed analysis of the issues related to the levy of penalty and the validity of the notice, leaving the substantial questions of law open for further examination. en-us Wed, 15 Dec 2021 00:00:00 +0530 Wed, 22 Dec 2021 07:52:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416180 The High Court allowed the appeal, set aside the Tribunal's order, and remanded the matter for fresh consideration specifically for the assessment year 2007-08. The Court emphasized the need for a more detailed analysis of the issues related to the levy of penalty and the validity of the notice, leaving the substantial questions of law open for further examination. Case-Laws Income Tax Wed, 15 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416180