https://www.taxtmi.com/caselaws?id=438933 The Tribunal found the appeal challenging the penalty under section 271(1)(c) for the assessment year 2014-15 unnecessary as the demand was extinguished by the NCLT order. As the demand had been nullified, the Tribunal held there was no need for the assessee to pursue the appeal further. The appeal was treated as allowed for statistical purposes, with no requirement to address the grounds raised by the assessee. en-us Thu, 16 Feb 2023 00:00:00 +0530 Tue, 13 Jun 2023 09:11:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438933 The Tribunal found the appeal challenging the penalty under section 271(1)(c) for the assessment year 2014-15 unnecessary as the demand was extinguished by the NCLT order. As the demand had been nullified, the Tribunal held there was no need for the assessee to pursue the appeal further. The appeal was treated as allowed for statistical purposes, with no requirement to address the grounds raised by the assessee. Case-Laws Income Tax Thu, 16 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438933