2010 (9) TMI 247 - HC - Income Tax

Penalty - quantum appeals with regard to assessment years have already been dismissed by this Court - Held that - present appeals challenging imposition of penalty have to be and are accordingly dismissed but without any order as to costs

Summary

The Delhi High Court dismissed appeals challenging penalty imposition under Section 271(1)(C) of the Income Tax Act for Assessment Years 2001-02 and 2002-03, as quantum appeals had already been dismissed earlier. No costs were awarded.