https://www.taxtmi.com/caselaws?id=237329 The tribunal upheld the decision of the Commissioner of Income Tax (Appeals) to delete the penalty imposed under Section 271G of the Income Tax Act, 1961. The tribunal found that the penalty could only be imposed if specific information or documents requested under Section 92D(3) were not provided within the specified time, which was not the case here. Additionally, the tribunal noted that the Assessing Officer's order lacked specifics on the required documents or information, rendering it unsustainable. The appeal of the Revenue was dismissed as it lacked merit, emphasizing the need for a reasonable interpretation of Section 271G in light of the comprehensive nature of documentation required under Rule 10D. en-us Fri, 30 Aug 2013 00:00:00 +0530 Fri, 31 Jan 2014 10:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237329 The tribunal upheld the decision of the Commissioner of Income Tax (Appeals) to delete the penalty imposed under Section 271G of the Income Tax Act, 1961. The tribunal found that the penalty could only be imposed if specific information or documents requested under Section 92D(3) were not provided within the specified time, which was not the case here. Additionally, the tribunal noted that the Assessing Officer's order lacked specifics on the required documents or information, rendering it unsustainable. The appeal of the Revenue was dismissed as it lacked merit, emphasizing the need for a reasonable interpretation of Section 271G in light of the comprehensive nature of documentation required under Rule 10D. Case-Laws Income Tax Fri, 30 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237329