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![Penalty cant Stand Alone where underlying Quantum Addition is set aside by Competent Authority: ITAT [Read Order] Penalty cant Stand Alone where underlying Quantum Addition is set aside by Competent Authority: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/Penalty-Quantum-Addition-Competent-Authority-ITAT-Taxscan.jpg)
Penalty can't Stand Alone where underlying Quantum Addition is set aside by Competent Authority: ITAT [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal( ITAT ) held that the penalty under section 271(1)(c) of the Income Tax Act would not stand...


![ITAT remits matter to AO for fresh Computation of Interest allowable to Maruti Suzuki India [Read Order] ITAT remits matter to AO for fresh Computation of Interest allowable to Maruti Suzuki India [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/ITAT-AO-computation-of-interest-Maruti-Suzuki-India-taxscan.jpg)
![Indian Newspaper Society not required to deduct TDS on payment of Lease Premium: ITAT [Read Order] Indian Newspaper Society not required to deduct TDS on payment of Lease Premium: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/TDS-Indian-Newspaper-Society-ITAT-Lease-Premium-Taxscan.jpg)