https://www.taxtmi.com/caselaws?id=344768 The Tribunal held that the penalty imposed under section 271(1)(b) for non-compliance of a notice under section 142(1) of the Income Tax Act was incorrect. The Tribunal found that there was no deliberate defiance by the assessee, as compliance during assessment proceedings was satisfactory. Due to the lack of evidence establishing the date of service of the notice and inconsistencies in the assessment order, the penalty was deemed void ab initio. Consequently, the Tribunal directed the Assessing Officer to delete the penalty, ruling in favor of the assessee. en-us Thu, 30 Mar 2017 00:00:00 +0530 Tue, 27 Jun 2017 15:52:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344768 The Tribunal held that the penalty imposed under section 271(1)(b) for non-compliance of a notice under section 142(1) of the Income Tax Act was incorrect. The Tribunal found that there was no deliberate defiance by the assessee, as compliance during assessment proceedings was satisfactory. Due to the lack of evidence establishing the date of service of the notice and inconsistencies in the assessment order, the penalty was deemed void ab initio. Consequently, the Tribunal directed the Assessing Officer to delete the penalty, ruling in favor of the assessee. Case-Laws Income Tax Thu, 30 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344768