https://www.taxtmi.com/caselaws?id=780107 ITAT, Delhi deleted penalty under s.271(1)(c), holding the AO erred in attributing joint-account cash deposits solely to the assessee without verifying contributions by family co-holders or sustaining additions only to declared income or the assessee's own deposits. The tribunal noted lack of proper enquiry and that the assessee did not receive statutory communications due to emails sent to a wrong address. Consequently the penalty was held unjustified and the assessee's appeal was allowed. en-us Wed, 08 Oct 2025 00:00:00 +0530 Fri, 17 Oct 2025 15:40:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780107 ITAT, Delhi deleted penalty under s.271(1)(c), holding the AO erred in attributing joint-account cash deposits solely to the assessee without verifying contributions by family co-holders or sustaining additions only to declared income or the assessee's own deposits. The tribunal noted lack of proper enquiry and that the assessee did not receive statutory communications due to emails sent to a wrong address. Consequently the penalty was held unjustified and the assessee's appeal was allowed. Case-Laws Income Tax Wed, 08 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780107