https://www.taxtmi.com/caselaws?id=271188 The Tribunal held that the CIT(A) exceeded its jurisdiction by initiating and levying penalty under section 271(1)(c) on additional income not penalized by the Assessing Officer. The appeal was allowed, setting aside the CIT(A)'s penalty order. The Tribunal emphasized that penalty proceedings must be initiated by the assessing authority, and the CIT(A) cannot impose penalties independently during appeals. en-us Fri, 30 Oct 2015 00:00:00 +0530 Fri, 29 Jan 2016 01:03:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271188 The Tribunal held that the CIT(A) exceeded its jurisdiction by initiating and levying penalty under section 271(1)(c) on additional income not penalized by the Assessing Officer. The appeal was allowed, setting aside the CIT(A)'s penalty order. The Tribunal emphasized that penalty proceedings must be initiated by the assessing authority, and the CIT(A) cannot impose penalties independently during appeals. Case-Laws Income Tax Fri, 30 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271188