https://www.taxtmi.com/caselaws?id=266199 The Tribunal allowed the appeal of the assessee, emphasizing the importance of reasonable time for compliance with notices under the Income Tax Act and highlighting the necessity of cooperation in assessment proceedings to avoid unwarranted penalties. The penalty imposed under section 271(1)(b) was deleted due to inadequate time provided for compliance and the assessing officer's unjustified actions despite the assessee's cooperation. en-us Fri, 27 Feb 2015 00:00:00 +0530 Mon, 19 Oct 2015 07:39:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266199 The Tribunal allowed the appeal of the assessee, emphasizing the importance of reasonable time for compliance with notices under the Income Tax Act and highlighting the necessity of cooperation in assessment proceedings to avoid unwarranted penalties. The penalty imposed under section 271(1)(b) was deleted due to inadequate time provided for compliance and the assessing officer's unjustified actions despite the assessee's cooperation. Case-Laws Income Tax Fri, 27 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266199