Sec. 271(1)(c) of the Income-tax Act, 1961—Penalty — Revenue filed tax appeal against the order of ITAT that ITAT erred in law and on facts, in deleting the penalty levied u/s. 271(1)(c) of the Act by mechanically following the decision in another case, and without appreciating the facts discussed in the orders of the CIT(A) and the AO, and whether this decision suffers from perversity. High Court dismissed the appeal of the revenue holding that ”Tribunal has relied upon its own decision in respect of the sister concern of the respondent-assessee, with respect to the same land and the decision of the Tribunal has been confirmed by the Division Bench in Tax Appeal No.233/2018 and allied matters“. SLP of the revenue also dismissed. - PR. CIT V/s SYNBIOTICS LTD. - [2020] 269 TAXMAN 050 (SC)