https://www.taxtmi.com/highlights?id=72862 Penalty u/s 271(1)(c) - Specific charge - There was obviously no clarity in the mind of the AO as to which limb of Section 271(1)(c) got attracted in the instant case for initiation, followed by imposition of penalty. ITAT was justified in law in deleting the penalty - HC en-us Thu, 02 Nov 2023 09:25:19 +0530 Thu, 02 Nov 2023 09:25:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=72862 Penalty u/s 271(1)(c) - Specific charge - There was obviously no clarity in the mind of the AO as to which limb of Section 271(1)(c) got attracted in the instant case for initiation, followed by imposition of penalty. ITAT was justified in law in deleting the penalty - HC Highlights Income Tax Thu, 02 Nov 2023 09:25:19 +0530 https://www.taxtmi.com/highlights?id=72862