https://www.taxtmi.com/caselaws?id=63660 The ITAT held that the advance-tax notices were invalid due to discrepancies in income figures and assessment years, leading to the deletion of the Rs. 3,000 penalty imposed by the ITO. The notices did not align with the latest completed regular assessment, rendering the obligation to file estimates under s. 212(3A) unnecessary for the assessee. The decision underscored the significance of accurate and valid advance-tax notices in upholding taxpayers' obligations under the IT Act, 1961. en-us Thu, 23 Feb 1984 00:00:00 +0530 Tue, 01 Feb 2011 12:38:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63660 The ITAT held that the advance-tax notices were invalid due to discrepancies in income figures and assessment years, leading to the deletion of the Rs. 3,000 penalty imposed by the ITO. The notices did not align with the latest completed regular assessment, rendering the obligation to file estimates under s. 212(3A) unnecessary for the assessee. The decision underscored the significance of accurate and valid advance-tax notices in upholding taxpayers' obligations under the IT Act, 1961. Case-Laws Income Tax Thu, 23 Feb 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63660