Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2000 (6) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2000 (6) TMI 114 - AT - Income TaxExtract: ....... leviable merely on the basis of addition sustained in quantum proceedings. Accordingly, orders of the CIT(A), confirming penalty under section 271(1)(c) of the Act, for both the assessment years under consideration are set aside and penalties levied under section 271(1)(c) of the Act stand cancelled. 6. In the result, both the appeals are allowed.
|