https://www.taxtmi.com/caselaws?id=352377 The Tribunal held that imposing multiple penalties for a single default under Section 271(1)(b) of the Income Tax Act was not permissible. It found that the notice issued for multiple assessment years lacked validity as it demanded irrelevant information and did not provide a reasonable opportunity of being heard. Consequently, all penalties based on this notice were cancelled, and the appeals were allowed in favor of the assessee. en-us Thu, 28 Sep 2017 00:00:00 +0530 Tue, 07 Apr 2026 12:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352377 The Tribunal held that imposing multiple penalties for a single default under Section 271(1)(b) of the Income Tax Act was not permissible. It found that the notice issued for multiple assessment years lacked validity as it demanded irrelevant information and did not provide a reasonable opportunity of being heard. Consequently, all penalties based on this notice were cancelled, and the appeals were allowed in favor of the assessee. Case-Laws Income Tax Thu, 28 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352377