https://www.taxtmi.com/caselaws?id=441047 The appeal was dismissed, upholding the decision of the Commissioner of Income Tax (Appeals) to delete the penalty imposed under section 271(1)(c) and affirming that the appropriate section for penalty levy was 271AAA. The court ruled that the conditions for penalty under 271AAA were met, and the Assessing Officer did not have the authority to impose a penalty under section 271(1)(c) in this case. The appeal by the Revenue was rejected, and the decision was in favor of the respondent. en-us Wed, 05 Jul 2023 00:00:00 +0530 Tue, 01 Aug 2023 08:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=441047 The appeal was dismissed, upholding the decision of the Commissioner of Income Tax (Appeals) to delete the penalty imposed under section 271(1)(c) and affirming that the appropriate section for penalty levy was 271AAA. The court ruled that the conditions for penalty under 271AAA were met, and the Assessing Officer did not have the authority to impose a penalty under section 271(1)(c) in this case. The appeal by the Revenue was rejected, and the decision was in favor of the respondent. Case-Laws Income Tax Wed, 05 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=441047