https://www.taxtmi.com/caselaws?id=436719 The Tribunal allowed both appeals filed by the assessee, finding the penalties levied by the AO and confirmed by the CIT(A) not sustainable in law. The penalties for the respective assessment years were ordered to be deleted, and the decision was pronounced in open court on 18.04.2023. en-us Tue, 18 Apr 2023 00:00:00 +0530 Wed, 19 Apr 2023 08:11:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436719 The Tribunal allowed both appeals filed by the assessee, finding the penalties levied by the AO and confirmed by the CIT(A) not sustainable in law. The penalties for the respective assessment years were ordered to be deleted, and the decision was pronounced in open court on 18.04.2023. Case-Laws Income Tax Tue, 18 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436719