https://www.taxtmi.com/caselaws?id=779736 Appeal dismissed. ITAT held there was no error in the CIT(A) order and no dispute as to the quantum of additions confirmed by ITAT; the subsequent s.154 order by DCIT reducing taxable income arose from granting carry-forward losses inadvertently omitted and did not alter the additions. Consequently the assessee's plea to limit penalty u/s 271(1)(c) to the reduced income was rejected, affirming the penalty in relation to the undisputed additions. en-us Wed, 08 Oct 2025 00:00:00 +0530 Sat, 11 Oct 2025 09:01:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779736 Appeal dismissed. ITAT held there was no error in the CIT(A) order and no dispute as to the quantum of additions confirmed by ITAT; the subsequent s.154 order by DCIT reducing taxable income arose from granting carry-forward losses inadvertently omitted and did not alter the additions. Consequently the assessee's plea to limit penalty u/s 271(1)(c) to the reduced income was rejected, affirming the penalty in relation to the undisputed additions. Case-Laws Income Tax Wed, 08 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779736