https://www.taxtmi.com/caselaws?id=349166 The court condoned the delay in filing the appeal and disposed of the application. Regarding the initiation of penalty proceedings under Section 158BFA(3)(c) of the Income Tax Act, the court held that the limitation for passing the penalty order would begin from the date the ITAT order was received by the CIT (Judicial). The court applied a previous decision to the case, stating that it declared the law as it always stood and would apply to pending cases. Consequently, the court dismissed the appeal, finding no legal infirmity in the ITAT's order and no substantial question of law arose. en-us Wed, 20 Sep 2017 00:00:00 +0530 Sat, 07 Oct 2017 09:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349166 The court condoned the delay in filing the appeal and disposed of the application. Regarding the initiation of penalty proceedings under Section 158BFA(3)(c) of the Income Tax Act, the court held that the limitation for passing the penalty order would begin from the date the ITAT order was received by the CIT (Judicial). The court applied a previous decision to the case, stating that it declared the law as it always stood and would apply to pending cases. Consequently, the court dismissed the appeal, finding no legal infirmity in the ITAT's order and no substantial question of law arose. Case-Laws Income Tax Wed, 20 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349166