https://www.taxtmi.com/caselaws?id=268569 The High Court of Madras quashed the impugned orders under Sections 271(1)(b) and 27(1)(c) of the Income Tax Act, citing disparity in penalty imposition among co-sharers of shared properties. The court emphasized the need for consistent treatment and fairness, remitting the matters back to the respondent for fresh assessment within six weeks. The petitioner was directed to provide necessary documentation to support her claim. The court disposed of the writ petitions without costs, stressing the importance of equitable tax assessments in cases involving multiple legal heirs and shared properties. en-us Fri, 16 Oct 2015 00:00:00 +0530 Fri, 27 Nov 2015 23:51:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268569 The High Court of Madras quashed the impugned orders under Sections 271(1)(b) and 27(1)(c) of the Income Tax Act, citing disparity in penalty imposition among co-sharers of shared properties. The court emphasized the need for consistent treatment and fairness, remitting the matters back to the respondent for fresh assessment within six weeks. The petitioner was directed to provide necessary documentation to support her claim. The court disposed of the writ petitions without costs, stressing the importance of equitable tax assessments in cases involving multiple legal heirs and shared properties. Case-Laws Income Tax Fri, 16 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268569