https://www.taxtmi.com/caselaws?id=181858 The Tribunal dismissed the Revenue's appeal, upholding the CIT (Appeals)'s order to delete the penalty under section 271AA of the Income Tax Act. The decision emphasized the importance of adhering to statutory timelines and providing adequate opportunity to the assessee, highlighting procedural fairness in tax proceedings. en-us Mon, 26 Aug 2013 00:00:00 +0530 Tue, 13 Dec 2016 11:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181858 The Tribunal dismissed the Revenue's appeal, upholding the CIT (Appeals)'s order to delete the penalty under section 271AA of the Income Tax Act. The decision emphasized the importance of adhering to statutory timelines and providing adequate opportunity to the assessee, highlighting procedural fairness in tax proceedings. Case-Laws Income Tax Mon, 26 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181858