https://www.taxtmi.com/caselaws?id=461814 A penalty appeal cannot be disposed of solely because the related quantum issue is debatable or has been admitted in higher proceedings; the appellate authority must decide penalty liability on merits after considering the legal contentions and factual basis for levy. The Tribunal's summary cancellation of penalty, without a finding on whether the penalty was otherwise exigible on the facts, was unsustainable. The order was quashed and the matter restored for fresh adjudication in accordance with law after hearing the parties. en-us Tue, 21 Oct 2008 00:00:00 +0530 Wed, 30 Apr 2025 15:47:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=461814 A penalty appeal cannot be disposed of solely because the related quantum issue is debatable or has been admitted in higher proceedings; the appellate authority must decide penalty liability on merits after considering the legal contentions and factual basis for levy. The Tribunal's summary cancellation of penalty, without a finding on whether the penalty was otherwise exigible on the facts, was unsustainable. The order was quashed and the matter restored for fresh adjudication in accordance with law after hearing the parties. Case-Laws Income Tax Tue, 21 Oct 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=461814