https://www.taxtmi.com/caselaws?id=70730 The appeal challenging the penalty imposed under section 273(2)(a) of the Income-tax Act, 1961, was upheld by the Commissioner (Appeals). The penalty of Rs. 4,500 was confirmed, emphasizing the applicability of section 292B to uphold the proceedings. Despite initial errors in penalty section mention, the proceedings were found compliant with the Act's intent. The jurisdictional issue regarding the Commissioner (Appeals) providing explanation opportunity was addressed, highlighting the need for proper notice issuance. The case was remanded for correct penalty proceedings, with the appeal allowed for statistical purposes, stressing adherence to procedural requirements. en-us Fri, 30 Nov 1984 00:00:00 +0530 Mon, 18 Apr 2011 18:13:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70730 The appeal challenging the penalty imposed under section 273(2)(a) of the Income-tax Act, 1961, was upheld by the Commissioner (Appeals). The penalty of Rs. 4,500 was confirmed, emphasizing the applicability of section 292B to uphold the proceedings. Despite initial errors in penalty section mention, the proceedings were found compliant with the Act's intent. The jurisdictional issue regarding the Commissioner (Appeals) providing explanation opportunity was addressed, highlighting the need for proper notice issuance. The case was remanded for correct penalty proceedings, with the appeal allowed for statistical purposes, stressing adherence to procedural requirements. Case-Laws Income Tax Fri, 30 Nov 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70730