https://www.taxtmi.com/caselaws?id=243530 The court quashed the penalty imposed under Section 271AAA of the Income Tax Act, 1961, due to insufficient reasoning provided by the authorities. The matter was remanded for re-examination, emphasizing the necessity of detailed analysis regarding compliance with the conditions under Sub-section (2) of Section 271AAA. en-us Wed, 15 Jan 2014 00:00:00 +0530 Tue, 04 Feb 2014 08:23:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243530 The court quashed the penalty imposed under Section 271AAA of the Income Tax Act, 1961, due to insufficient reasoning provided by the authorities. The matter was remanded for re-examination, emphasizing the necessity of detailed analysis regarding compliance with the conditions under Sub-section (2) of Section 271AAA. Case-Laws Income Tax Wed, 15 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243530