Whatever may be the reason for confirming part of the amount in ...
Taxpayers can challenge penalties under Income Tax Act Section 271(1)(c) even if part of the assessment is confirmed.
October 25, 2016
Case Laws Income Tax AT
Whatever may be the reason for confirming part of the amount in assessment, the same does not automatically lead of levy of penalty u/s. 271(1)(c). Assessee can question the addition itself in penalty proceedings so as to justify non-levy of penalty. - AT
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