https://www.taxtmi.com/caselaws?id=430465 The Appellate Tribunal partly allowed the appeal, directing the Assessing Officer to delete the penalty imposed under section 271(1)(c) for the Assessment Year 2015-16. The Tribunal found that the appellant acted in good faith, following guidance notes and past practices, and that there were two possible views on the issues raised, indicating no deliberate inaccurate reporting of income. en-us Wed, 16 Nov 2022 00:00:00 +0530 Sat, 19 Nov 2022 14:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430465 The Appellate Tribunal partly allowed the appeal, directing the Assessing Officer to delete the penalty imposed under section 271(1)(c) for the Assessment Year 2015-16. The Tribunal found that the appellant acted in good faith, following guidance notes and past practices, and that there were two possible views on the issues raised, indicating no deliberate inaccurate reporting of income. Case-Laws Income Tax Wed, 16 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430465