https://www.taxtmi.com/caselaws?id=65051 The Tribunal upheld the CIT (Appeals) orders canceling penalties under sections 271(1)(c), 271(1)(a), and 273(1)(a) for the assessment year 1983-84. The penalties were deemed invalid due to the expiration of the limitation period and lack of substantiation for the penalties imposed by the Assessing Officer. The Tribunal rejected the department's appeals, affirming the cancellation of penalties based on the timing of receipt of ITAT orders and the reasoning provided by the CIT (Appeals). en-us Tue, 02 Apr 2002 00:00:00 +0530 Fri, 11 Feb 2011 18:48:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65051 The Tribunal upheld the CIT (Appeals) orders canceling penalties under sections 271(1)(c), 271(1)(a), and 273(1)(a) for the assessment year 1983-84. The penalties were deemed invalid due to the expiration of the limitation period and lack of substantiation for the penalties imposed by the Assessing Officer. The Tribunal rejected the department's appeals, affirming the cancellation of penalties based on the timing of receipt of ITAT orders and the reasoning provided by the CIT (Appeals). Case-Laws Income Tax Tue, 02 Apr 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65051