PMLA anticipatory bail requires satisfaction of twin conditions, while predicate-offence protection does not extend to independent money-laundering pr...
School-affiliation charges remain taxable where not directly connected with examinations, while extended limitation requires proof of deliberate tax e...
Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
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The ITAT allowed the appeal of the non-resident assessee and deleted the penalty imposed u/s 272A(1)(d) for alleged non-compliance with notice u/s 142(1). The Tribunal noted that the assessee, a resident of the United Kingdom with no income source in India for the relevant year, had not filed a return u/s 139. It found no evidence on record that the notice u/s 142(1), dated 06.01.2023, was ever served on the assessee, stressing that the statute requires valid service, not mere issuance. As the assessment was completed ex parte, the ITAT accepted that the assessee was unaware of the proceedings and held the penalty unsustainable.
The ITAT allowed the appeal of the non-resident assessee and deleted the penalty imposed u/s 272A(1)(d) for alleged non-compliance with notice u/s 142(1). The Tribunal noted that the assessee, a resident of the United Kingdom with no income source in India for the relevant year, had not filed a return u/s 139. It found no evidence on record that the notice u/s 142(1), dated 06.01.2023, was ever served on the assessee, stressing that the statute requires valid service, not mere issuance. As the assessment was completed ex parte, the ITAT accepted that the assessee was unaware of the proceedings and held the penalty unsustainable.
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