1 itxa4206-09 agk IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.4206 OF 2009 The Commissioner of Income Tax – 10, Mumbai ..Appellant. Versus M/s.Manoj Housing Finance Co. Limited ..Respondent. Mr.Suresh Kumar for the appellant. Mr.P. Jain i/by Mr.Prakash Panjabi for the respondent. CORAM : J.P. Devadhar & Mrs.Mridula Bhatkar, JJ. DATE : 28th February, 2011. P.C. : 1. Although four questions of law have been raised by the Revenue in this appeal, learned Counsel for the Revenue fairly states that first three questions do not arise from the order of the Tribunal. The only question, therefore, raised in this appeal is whether the Tribunal was justified in deleting the penalty levied under Section 271(1)(c) of the Income-tax Act, 1961 ? 2. The learned counsel for the Revenue states that the quantum 2 itxa4206-09 additions made by the assessing officer have been deleted by the Income Tax Appellate Tribunal and the appeal filed by the Revenue against the said decision of the Tribunal has been dismissed by this Court today. As a result whereof, no fault can be found with the order of the Tribunal in deleting the penalty levied under Section 271(1)(c) of the Income-tax Act, 1961. 3. The appeal is accordingly dismissed. No costs. (Mrs.Mridula Bhatkar, J.) (J.P. Devadhar, J.)