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![Each and Every disallowance/addition made in Quantum does not ipso facto attract Penalty provision: ITAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/Penalty-ITAT-Quantum-Taxscan.jpg "Each and Every disallowance/addition made in Quantum does not ipso facto attract Penalty provision: ITAT deletes Penalty [Read Order]")
Each and Every disallowance/addition made in Quantum does not ipso facto attract Penalty provision: ITAT deletes Penalty [Read Order]
The Income Tax Appellate Tribunal (ITAT), Hyderabad Bench while deleting the penalty held that quantum and penalty are parallel proceedings wherein...