https://www.taxtmi.com/caselaws?id=443267 The Appellate Tribunal ITAT DELHI heard four appeals by the assessee challenging penalty orders under section 271(1)(c) of the Act for different assessment years. The Tribunal consolidated the appeals due to common issues regarding penalty imposition related to the nature of the assessee's business. Upon review, discrepancies in the AO's approach were identified, leading the Tribunal to conclude that penalties were unwarranted. The Tribunal directed the AO to delete the penalties, allowing the assessee's appeals. en-us Mon, 18 Sep 2023 00:00:00 +0530 Wed, 20 Sep 2023 08:40:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443267 The Appellate Tribunal ITAT DELHI heard four appeals by the assessee challenging penalty orders under section 271(1)(c) of the Act for different assessment years. The Tribunal consolidated the appeals due to common issues regarding penalty imposition related to the nature of the assessee's business. Upon review, discrepancies in the AO's approach were identified, leading the Tribunal to conclude that penalties were unwarranted. The Tribunal directed the AO to delete the penalties, allowing the assessee's appeals. Case-Laws Income Tax Mon, 18 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443267