https://www.taxtmi.com/caselaws?id=348595 The Tribunal ruled in favor of the assessee, canceling the penalties imposed under section 271(1)(b) for non-compliance with statutory notices. The decision was based on the assessee's valid reasons for the failure to respond, as supported by the provisions of the Income Tax Act. The penalties for all the assessment years in question were revoked, and all appeals of the assessee were allowed. en-us Fri, 22 Sep 2017 00:00:00 +0530 Mon, 25 Sep 2017 10:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=348595 The Tribunal ruled in favor of the assessee, canceling the penalties imposed under section 271(1)(b) for non-compliance with statutory notices. The decision was based on the assessee's valid reasons for the failure to respond, as supported by the provisions of the Income Tax Act. The penalties for all the assessment years in question were revoked, and all appeals of the assessee were allowed. Case-Laws Income Tax Fri, 22 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=348595