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2017 (12) TMI 1697 - AT - Income TaxPenalty u/s 271(1)(c) - Quantum additions deleted - HELD THAT:- CIT(A) has quashed the penalty orders is evident from the ground raised by the Department itself. A perusal of the impugned order shows that the reason for quashing the penalty orders has been the fact that the issue has been decided in favour of the assessee which has affirmed the order of the ITAT [2015 (12) TMI 1805 - ITAT CHANDIGARH] . Accordingly, once the additions stand deleted, the Revenue’s appeal in the peculiar facts and circumstances has no merit. - Decided against revenue
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