https://www.taxtmi.com/caselaws?id=265034 The Tribunal dismissed the appeal against the penalty under section 274 read with section 271FA of the Income Tax Act, emphasizing that no specific provision for appeal against such penalty exists in the Act. The Tribunal clarified that the delay in filing the appeal and the direction given by the Director of Income-tax do not confer jurisdiction on the Tribunal. While acknowledging a potential unintended omission in the amendment related to section 271FA, the Tribunal concluded that the appeal was not maintainable before them but suggested challenging the penalty order before the appropriate forum as per the law. en-us Fri, 19 Sep 2014 00:00:00 +0530 Mon, 05 Oct 2015 09:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=265034 The Tribunal dismissed the appeal against the penalty under section 274 read with section 271FA of the Income Tax Act, emphasizing that no specific provision for appeal against such penalty exists in the Act. The Tribunal clarified that the delay in filing the appeal and the direction given by the Director of Income-tax do not confer jurisdiction on the Tribunal. While acknowledging a potential unintended omission in the amendment related to section 271FA, the Tribunal concluded that the appeal was not maintainable before them but suggested challenging the penalty order before the appropriate forum as per the law. Case-Laws Income Tax Fri, 19 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=265034