https://www.taxtmi.com/caselaws?id=336961 The Tribunal allowed the appeal, quashing the penalty order as penalty proceedings were not validly initiated in the assessment order dated 22-12-2009, and the original assessment order dated 30-12-2008 had abated. The decision stressed the need for clear initiation of penalty proceedings in the assessment order, in line with judicial precedents. The penalty order was set aside. en-us Tue, 13 Dec 2016 00:00:00 +0530 Sun, 01 Jan 2017 14:18:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336961 The Tribunal allowed the appeal, quashing the penalty order as penalty proceedings were not validly initiated in the assessment order dated 22-12-2009, and the original assessment order dated 30-12-2008 had abated. The decision stressed the need for clear initiation of penalty proceedings in the assessment order, in line with judicial precedents. The penalty order was set aside. Case-Laws Income Tax Tue, 13 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336961