https://www.taxtmi.com/caselaws?id=332188 The High Court of Calcutta dismissed the appeal challenging the judgment of the Income Tax Appellate Tribunal related to penalty proceedings under Section 271D of the Income Tax Act, 1961 for the assessment year 2004-05. The court held that the penalty order passed on 21st September, 2007 was beyond the limitation period, directing the parties to bear their own costs. en-us Thu, 28 Jul 2016 00:00:00 +0530 Mon, 12 Sep 2016 19:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=332188 The High Court of Calcutta dismissed the appeal challenging the judgment of the Income Tax Appellate Tribunal related to penalty proceedings under Section 271D of the Income Tax Act, 1961 for the assessment year 2004-05. The court held that the penalty order passed on 21st September, 2007 was beyond the limitation period, directing the parties to bear their own costs. Case-Laws Income Tax Thu, 28 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=332188