https://www.taxtmi.com/caselaws?id=71023 The Tribunal upheld the Appellate Commissioner's decision to cancel the penalty imposed under section 271(1)(c) of the Income-tax Act on the legal heir of the deceased assessee. The Tribunal found that the penalty could not be sustained on merits as it was initiated for specific income concealment, but the final penalty order considered other income items, which was impermissible. Additionally, procedural irregularities were noted, and the penalty was deemed barred by limitation. The Tribunal emphasized that penal provisions do not extend to legal heirs for the deceased's actions, dismissing the Revenue's appeal. en-us Thu, 24 Jul 1997 00:00:00 +0530 Thu, 20 Jun 2013 16:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71023 The Tribunal upheld the Appellate Commissioner's decision to cancel the penalty imposed under section 271(1)(c) of the Income-tax Act on the legal heir of the deceased assessee. The Tribunal found that the penalty could not be sustained on merits as it was initiated for specific income concealment, but the final penalty order considered other income items, which was impermissible. Additionally, procedural irregularities were noted, and the penalty was deemed barred by limitation. The Tribunal emphasized that penal provisions do not extend to legal heirs for the deceased's actions, dismissing the Revenue's appeal. Case-Laws Income Tax Thu, 24 Jul 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71023