https://www.taxtmi.com/caselaws?id=344181 The appeals challenging penalties under section 271(1)(b) for non-compliance with statutory notices and non-cooperation during investigations were dismissed. The penalties imposed for multiple assessment years were upheld due to the assessee's refusal to cooperate and respond to statutory notices regarding undisclosed foreign bank accounts. The Tribunal affirmed the importance of complying with notices and upheld the penalties based on the repeated defaults and hindrance caused to the investigations. en-us Thu, 08 Jun 2017 00:00:00 +0530 Sat, 10 Jun 2017 05:45:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344181 The appeals challenging penalties under section 271(1)(b) for non-compliance with statutory notices and non-cooperation during investigations were dismissed. The penalties imposed for multiple assessment years were upheld due to the assessee's refusal to cooperate and respond to statutory notices regarding undisclosed foreign bank accounts. The Tribunal affirmed the importance of complying with notices and upheld the penalties based on the repeated defaults and hindrance caused to the investigations. Case-Laws Income Tax Thu, 08 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344181