Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2001 (3) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2001 (3) TMI 285 - AT - Income TaxExtract: .......ccount of honest difference of opinion and, accordingly, we hold that no penalty was leviable in respect of that item. 24. In the light of the above discussion, we hold that there is no justification for the impugned penalty and the CIT(A) has rightly deleted the same. We accordingly decline to interfere. 25. In the result, the appeal is dismissed.
|