2009 (8) TMI 730

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..... rticulars - appeal is dismissed - ITA NO 118/09 (O&M) - - - Dated:- 24-8-2009 - ADARSH KUMAR GOEL, DAYA CHAUDHARY MRS. JJ JUDGMENT The judgment of the court was delivered by Adarsh Kumar Goel J.-The Revenue has preferred this appeal under section 260A of the Income-tax Act, 1961 (for short, "the Act") against the order of the Income-tax Appellate Tribunal, Amritsar Bench, Amritsa .....

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..... not guilty of any concealment or giving inaccurate particulars and had raised a debatable issue. In such a situation, penalty was deleted. 3. We have heard learned counsel for the Revenue. 4. In view of the finding of the Tribunal that the assessee had not con- cealed income nor furnished inaccurate particulars and had merely raised a debatable issue, we are unable to hold that any su .....

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