https://www.taxtmi.com/caselaws?id=61479 The Tribunal dismissed the Revenue's appeal against the cancellation of the penalty under s. 271(1)(c) for claiming bogus purchases due to the inordinate delay in filing the appeal and the lack of sufficient grounds for condonation. The case underscores the importance of timely appeals, proper explanations for delays, and adherence to Tribunal directives for further actions. en-us Mon, 09 Jun 2003 00:00:00 +0530 Tue, 19 Jun 2012 13:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61479 The Tribunal dismissed the Revenue's appeal against the cancellation of the penalty under s. 271(1)(c) for claiming bogus purchases due to the inordinate delay in filing the appeal and the lack of sufficient grounds for condonation. The case underscores the importance of timely appeals, proper explanations for delays, and adherence to Tribunal directives for further actions. Case-Laws Income Tax Mon, 09 Jun 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61479