https://www.taxtmi.com/caselaws?id=57250 The Tribunal upheld the deletion of a penalty imposed by the AO under section 271(1)(c) for the assessment year 1990-91, totaling Rs. 61,470. The penalty was deleted due to procedural irregularities, including lack of opportunity for the assessee to be heard and insufficient legal basis for the penalty imposition. Despite the Department's appeal, the Tribunal dismissed it, emphasizing the inadequacy of the penalty order and supporting the deletion based on different grounds. en-us Mon, 28 Jun 2004 00:00:00 +0530 Thu, 09 Dec 2010 11:25:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57250 The Tribunal upheld the deletion of a penalty imposed by the AO under section 271(1)(c) for the assessment year 1990-91, totaling Rs. 61,470. The penalty was deleted due to procedural irregularities, including lack of opportunity for the assessee to be heard and insufficient legal basis for the penalty imposition. Despite the Department's appeal, the Tribunal dismissed it, emphasizing the inadequacy of the penalty order and supporting the deletion based on different grounds. Case-Laws Income Tax Mon, 28 Jun 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57250