Penalty Order not get vitiated for mere acceptance of appeal by HC in Quantum Proceedings

Pr CIT Vs. Shree Gopal Housing & Plantation Corporation (Bombay High Court) (1) At the very outset, Mr. Sheth, learned Counsel appearing for the respondent Revenue points out that the Tribunal by the impugned order dated 10th February, 2015 deleted penalty by following its order dated 7th November, 2014 in quantum proceedings deleting the additions. It is further pointed out that an appeal being Appeal No.136 of 2015 from the order dated 7th November, 2014 of the Tribunal in quantum proceedings has been admitted by this Court on 12th December, 2017. Therefore, no appeal against an order de...