Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 1992 (10) TMI AT This
The Revenue appealed against the CIT(A)'s cancellation of penalty under s. 273(a) of the IT Act, 1961 for the asst. yr. 1983-84. The appeal was dismissed by the ITAT BOMBAY-A, as the underestimation of income for advance tax payment was considered reasonable due to a wage hike demand by a union.
|