https://www.taxtmi.com/caselaws?id=258552 The appeal filed by the Managing Director of a company against a penalty imposed was deemed not maintainable as the director was not personally liable for the penalty. The Tribunal held that the director could not be considered an "assessee aggrieved" under the Income Tax Act, thus dismissing the appeal. The decision reiterated that directors cannot appeal against penalties imposed on their companies unless they are personally liable. en-us Fri, 27 Mar 2015 00:00:00 +0530 Tue, 14 Apr 2015 00:34:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258552 The appeal filed by the Managing Director of a company against a penalty imposed was deemed not maintainable as the director was not personally liable for the penalty. The Tribunal held that the director could not be considered an "assessee aggrieved" under the Income Tax Act, thus dismissing the appeal. The decision reiterated that directors cannot appeal against penalties imposed on their companies unless they are personally liable. Case-Laws Income Tax Fri, 27 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258552