CIT(A) Didn’t ‘Set Aside’—He Just Told AO to Do the Maths! ITAT Slams Revenue’s Hyper-Technical Appeal

DCIT Vs Uthangarai Sri Vidhya Mandir Educational & Social Welfare Trust (ITAT Chennai) CIT(A) Didn’t ‘Set Aside’—He Just Told AO to Do the Maths! ITAT Slams Revenue’s Hyper-Technical Appeal- ITAT Chennai dismisses Revenue’s appeals – CIT(A)’s direction to recompute 271AAB penalty is NOT “setting aside”, but a valid corrective instruction Revenue filed three appeals for AYs 2015-16 to 2017-18 against the common order of the CIT(A), who had directed the AO to levy penalty u/s 271AAB only after due verification of facts & after considering the ITAT’s earlier order. R...