https://www.taxtmi.com/caselaws?id=63169 The Tribunal allowed the appeals of the assessees, finding that the penalty proceedings under s. 271(1)(c) for the assessment years 1996-97 and 1997-98 were without jurisdiction as the assessments were deemed null and void. The Tribunal held that if the assessment proceedings lacked jurisdiction, the penalty proceedings would also be void, leading to the cancellation of the penalties levied by the Assessing Officer and upheld by the CIT(A). en-us Thu, 07 Jul 2005 00:00:00 +0530 Fri, 28 Jan 2011 12:00:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63169 The Tribunal allowed the appeals of the assessees, finding that the penalty proceedings under s. 271(1)(c) for the assessment years 1996-97 and 1997-98 were without jurisdiction as the assessments were deemed null and void. The Tribunal held that if the assessment proceedings lacked jurisdiction, the penalty proceedings would also be void, leading to the cancellation of the penalties levied by the Assessing Officer and upheld by the CIT(A). Case-Laws Income Tax Thu, 07 Jul 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63169