https://www.taxtmi.com/caselaws?id=439092 The quantum appeal became infructuous because the assessee ed the taxability of the disputed interest on land compensation and did not contest the assessed income before the appellate forum. With only concern remaining as to the effect of an unverified return filed in reassessment proceedings and a possible penalty, there was no live issue on the assessment itself for adjudication. Any challenge to penalty could arise only if penalty was actually imposed in accordance with law. en-us Tue, 13 Jun 2023 00:00:00 +0530 Fri, 16 Jun 2023 10:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439092 The quantum appeal became infructuous because the assessee ed the taxability of the disputed interest on land compensation and did not contest the assessed income before the appellate forum. With only concern remaining as to the effect of an unverified return filed in reassessment proceedings and a possible penalty, there was no live issue on the assessment itself for adjudication. Any challenge to penalty could arise only if penalty was actually imposed in accordance with law. Case-Laws Income Tax Tue, 13 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439092