2016 (7) TMI 56

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ection 260A of the Income Tax Act, 1961 (the Act) challenges the order dated 8th May, 2013 passed by the Income Tax Appellate Tribunal (the Tribunal). This appeal relates to A.Y. 2002-03. 2. The Revenue has urged following question of law for our consideration : "(i) Whether in the facts and circumstances of the case and in law, the Tribunal has erred in deleting the penalty levied u/s 271(1)(c .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... to A.Y. 200203 along with an order for A.Y. 200102 raising an identical issue being Income Tax Appeal Nos. 955 of 2012 and 973 of 2012. It is an admitted position between the parties that the above appeals filed by the Revenue in quantum proceedings were dismissed by the order of this Court dated 10th September, 2014. 5. In the above view, the penalty proceedings at this stage are unsustainable. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X