https://www.taxtmi.com/caselaws?id=789897 Where the quantum addition forming the basis of a penalty remains open for fresh adjudication, a penalty under section 270A cannot be finally sustained at that stage. The quantum adjustment had already been set aside and restored for reconsideration, so the penalty dispute was premature and had to await the outcome of the quantum proceedings. The matter was therefore sent back for decision in light of the fresh quantum adjudication, and no final merits determination on the penalty was made. en-us Tue, 07 Apr 2026 00:00:00 +0530 Thu, 16 Apr 2026 08:34:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789897 Where the quantum addition forming the basis of a penalty remains open for fresh adjudication, a penalty under section 270A cannot be finally sustained at that stage. The quantum adjustment had already been set aside and restored for reconsideration, so the penalty dispute was premature and had to await the outcome of the quantum proceedings. The matter was therefore sent back for decision in light of the fresh quantum adjudication, and no final merits determination on the penalty was made. Case-Laws Income Tax Tue, 07 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789897