https://www.taxtmi.com/caselaws?id=354502 The Tribunal upheld penalties under Section 271(1)(c) for A.Ys 2007-08 and 2008-09, as the substantive addition was confirmed and no appeal was made. However, the penalty under Section 271AAA for A.Y 2009-10 was set aside due to improper notice issuance. The Tribunal deemed the notice under Section 271(1)(c) valid, rejecting the argument of improper notice and lack of jurisdiction. The decision highlighted the necessity of distinct notices for different penalties and clarified the applicability of protective assessments in penalty cases. The order was issued on 25th January 2018. en-us Thu, 25 Jan 2018 00:00:00 +0530 Tue, 30 Jan 2018 11:38:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=354502 The Tribunal upheld penalties under Section 271(1)(c) for A.Ys 2007-08 and 2008-09, as the substantive addition was confirmed and no appeal was made. However, the penalty under Section 271AAA for A.Y 2009-10 was set aside due to improper notice issuance. The Tribunal deemed the notice under Section 271(1)(c) valid, rejecting the argument of improper notice and lack of jurisdiction. The decision highlighted the necessity of distinct notices for different penalties and clarified the applicability of protective assessments in penalty cases. The order was issued on 25th January 2018. Case-Laws Income Tax Thu, 25 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354502