Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2022 (12) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2022 (12) TMI 1406 - AT - Income TaxPenalty u/s 271(1)(c) - addition of interest on deposits in HSBC account and addition on account of difference in interest income disclosed in return - HELD THAT:- Tribunal has deleted the addition [2022 (8) TMI 950 - ITAT DEHRADUN] in the quantum proceedings and remanded the matter to the file of the A.O. We are of the opinion that the present penalty proceedings and penalty order made thereon deserves to be deleted. Accordingly, the penalty order passed in the years under consideration is hereby deleted. Appeals filed by the assessee are allowed.
|