Tribunal held that the assessee had already got relief on the merits. Therefore it would be futile exercise to adjudicate the grounds accordingly the penalty was deleted . ( AY.2004 -05)
Paramjit Singh v. ITO (2018) 65 ITR 244 (Amritsar) (Trib)
S.271(1) (c ):Penalty — Concealment- Quantum appeal the relief was allowed -Levy of penalty was held to be not valid .