https://www.taxtmi.com/caselaws?id=331936 The Tribunal overturned the penalty imposed under section 271(1)(c) of the Income Tax Act, 1961 against a deceased individual due to the absence of the legal heir in the proceedings. It ruled that penalties on legal representatives for inaccurate particulars by the deceased are valid but not applicable to legal heirs under section 159(2) of the Act. The Tribunal canceled the penalties, emphasizing the challenges faced by legal representatives in defending against penalties on the deceased, and directed the Assessing Officer to delete the penalty imposed on the legal heir, allowing the appeal of the assessee. en-us Thu, 25 Aug 2016 00:00:00 +0530 Mon, 05 Sep 2016 15:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331936 The Tribunal overturned the penalty imposed under section 271(1)(c) of the Income Tax Act, 1961 against a deceased individual due to the absence of the legal heir in the proceedings. It ruled that penalties on legal representatives for inaccurate particulars by the deceased are valid but not applicable to legal heirs under section 159(2) of the Act. The Tribunal canceled the penalties, emphasizing the challenges faced by legal representatives in defending against penalties on the deceased, and directed the Assessing Officer to delete the penalty imposed on the legal heir, allowing the appeal of the assessee. Case-Laws Income Tax Thu, 25 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331936