https://www.taxtmi.com/caselaws?id=271597 The Court set aside the order rejecting the cancellation of penalty under Section 221(1) of the Income Tax Act 1961 for Assessment Year 2014-15, remitting the matter back to the 1st respondent for fresh orders. The petitioner was granted four weeks to file objections, with directions for the 1st respondent to consider the same and pass orders on merits and in accordance with the law, ensuring due opportunity to the petitioner. The writ petition was disposed of with no costs, and the connected miscellaneous petition was closed. en-us Fri, 18 Dec 2015 00:00:00 +0530 Wed, 10 Feb 2016 08:15:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271597 The Court set aside the order rejecting the cancellation of penalty under Section 221(1) of the Income Tax Act 1961 for Assessment Year 2014-15, remitting the matter back to the 1st respondent for fresh orders. The petitioner was granted four weeks to file objections, with directions for the 1st respondent to consider the same and pass orders on merits and in accordance with the law, ensuring due opportunity to the petitioner. The writ petition was disposed of with no costs, and the connected miscellaneous petition was closed. Case-Laws Income Tax Fri, 18 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271597