https://www.taxtmi.com/caselaws?id=62204 The Tribunal allowed all appeals, quashing penalties under sections 271(1)(a) and 273(1)(b). The assessee was granted immunity under the Amnesty Scheme, and penalties were deemed inapplicable due to the Assessing Officer's failure to properly record satisfaction for initiating penalty proceedings, as required by law. en-us Wed, 31 Jul 1991 00:00:00 +0530 Tue, 18 Jan 2011 15:17:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62204 The Tribunal allowed all appeals, quashing penalties under sections 271(1)(a) and 273(1)(b). The assessee was granted immunity under the Amnesty Scheme, and penalties were deemed inapplicable due to the Assessing Officer's failure to properly record satisfaction for initiating penalty proceedings, as required by law. Case-Laws Income Tax Wed, 31 Jul 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62204