VIJAY STONE PRODUCT,SONEBHADRA vs ASSTT. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, ALLAHABAD
ITA 4/ALLD/2019[2011-12]Status: Disposed10 Mar 2026AY 2011-12Allowed
The Tribunal held that since the quantum appeal was restored to the Assessing Officer (AO) and the earlier demand was vacated following an ITAT order, the penalty for non-payment of that demand was not maintainable. Therefore, the penalty sustained by the CIT(A) was deleted.
