https://www.taxtmi.com/caselaws?id=304004 The ITAT Chennai upheld the deletion of penalties for assessment years 1998-99, 1999-00, and 2001-02 due to the deletion of underlying additions. For the assessment year 1996-97, the matter was remanded to the Assessing Officer for re-decision following ITAT's direction post quantum appeal decision. The appeal for 1996-97 was allowed for statistical purposes, while the other appeals were dismissed. en-us Fri, 03 Dec 2010 00:00:00 +0530 Wed, 31 Aug 2022 09:43:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304004 The ITAT Chennai upheld the deletion of penalties for assessment years 1998-99, 1999-00, and 2001-02 due to the deletion of underlying additions. For the assessment year 1996-97, the matter was remanded to the Assessing Officer for re-decision following ITAT's direction post quantum appeal decision. The appeal for 1996-97 was allowed for statistical purposes, while the other appeals were dismissed. Case-Laws Income Tax Fri, 03 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304004