https://www.taxtmi.com/caselaws?id=430711 The Tribunal partly allowed the appeal for AY 2008-09 and 2012-13 regarding penalty under Section 271(1)(c) but dismissed the appeal for AY 2014-15 concerning additions on the quantum assessment. Penalties for undisclosed interest income were upheld, while penalties for disclosed deductions were deleted. Disallowed deductions and interest income additions for AY 2014-15 were upheld based on the Tribunal's previous orders. en-us Wed, 23 Nov 2022 00:00:00 +0530 Thu, 24 Nov 2022 16:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430711 The Tribunal partly allowed the appeal for AY 2008-09 and 2012-13 regarding penalty under Section 271(1)(c) but dismissed the appeal for AY 2014-15 concerning additions on the quantum assessment. Penalties for undisclosed interest income were upheld, while penalties for disclosed deductions were deleted. Disallowed deductions and interest income additions for AY 2014-15 were upheld based on the Tribunal's previous orders. Case-Laws Income Tax Wed, 23 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430711