2016 (5) TMI 1615

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.... ORDER PER ASHWANI TANEJA, AM: The present appeal has been filed by the revenue against impugned order dated 11.08.2014, in relation to the penalty proceedings under section 271(1)(c) whereby revenue has challenged levy of penalty of Rs.36,79,893/- on account of disallowance under section 14A. 2. It has been admitted by both the parties that, in the quantum appeal, the Tribunal has delet....