Sri Bidyut Kumar Sett vs Income-Tax Officer on 8 October, 2004
short "the Act"), the assessee was required to deposit only `500 as Tribunal
fee in appeal filed against penalty order passed under section 271(1)(c) of
the Act. Though there was a controversy with regard to the payment of
Tribunal fee in appeal against penalty orders, yet the appeal of the
assessee was dismissed by the Tribunal. Now the controversy in this
regard has been set at rest by the Special Bench of the Tribunal in the case
of Sri Bidyut Kumar Sett v. ITO [2005] 272 ITR (AT) 75 (SB) wherein it has
been held that in the matter concerning levy of penalty, only `500 is
payable towards institution fee.