https://www.taxtmi.com/caselaws?id=11329 The High Court held that penalty orders under sections 271D and 271E of the Income-tax Act were passed beyond the limitation period specified in section 275(1)(c). The court determined that the penalty orders should have been issued within six months from the end of June 1994, by December 31, 1994. As the orders were passed in March 1995, they were deemed barred by limitation. The Tribunal's decision was set aside, and the Commissioner (Appeals)' orders were reinstated, concluding that the penalties were invalid due to exceeding the prescribed time limit. en-us Thu, 23 Oct 2003 00:00:00 +0530 Thu, 06 Aug 2009 19:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11329 The High Court held that penalty orders under sections 271D and 271E of the Income-tax Act were passed beyond the limitation period specified in section 275(1)(c). The court determined that the penalty orders should have been issued within six months from the end of June 1994, by December 31, 1994. As the orders were passed in March 1995, they were deemed barred by limitation. The Tribunal's decision was set aside, and the Commissioner (Appeals)' orders were reinstated, concluding that the penalties were invalid due to exceeding the prescribed time limit. Case-Laws Income Tax Thu, 23 Oct 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11329