https://www.taxtmi.com/caselaws?id=787952 Restoration of the penalty proceeding is directed where the penalty appeal was dismissed for non compliance while the quantum appeal remained pending; the Tribunal held the penalty question depends on the quantum determination and therefore remitted the penalty appeal to the Ld. CIT(A)/NFAC to be adjudicated only after the quantum appeal is decided. The Ld. CIT(A)/NFAC is directed to afford the assessee an opportunity of hearing and decide the penalty matter on facts and law in the interest of justice. en-us Thu, 12 Mar 2026 00:00:00 +0530 Sat, 14 Mar 2026 08:36:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787952 Restoration of the penalty proceeding is directed where the penalty appeal was dismissed for non compliance while the quantum appeal remained pending; the Tribunal held the penalty question depends on the quantum determination and therefore remitted the penalty appeal to the Ld. CIT(A)/NFAC to be adjudicated only after the quantum appeal is decided. The Ld. CIT(A)/NFAC is directed to afford the assessee an opportunity of hearing and decide the penalty matter on facts and law in the interest of justice. Case-Laws Income Tax Thu, 12 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787952