https://www.taxtmi.com/caselaws?id=354873 The Tribunal ruled in favor of the appellant, directing the Assessing Officer to delete the penalty imposed under section 271(1)(c) of the Income-tax Act, 1961 for the assessment year 2009-10. The decision highlighted irregularities in the penalty initiation process, including jurisdictional concerns, limitation compliance, lack of discernible satisfaction, and procedural deficiencies in notice issuance and service. The judgment emphasized the necessity of clear grounds and specific allegations in penalty proceedings, ultimately leading to the cancellation of the penalty. en-us Tue, 30 Jan 2018 00:00:00 +0530 Tue, 06 Feb 2018 07:57:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=354873 The Tribunal ruled in favor of the appellant, directing the Assessing Officer to delete the penalty imposed under section 271(1)(c) of the Income-tax Act, 1961 for the assessment year 2009-10. The decision highlighted irregularities in the penalty initiation process, including jurisdictional concerns, limitation compliance, lack of discernible satisfaction, and procedural deficiencies in notice issuance and service. The judgment emphasized the necessity of clear grounds and specific allegations in penalty proceedings, ultimately leading to the cancellation of the penalty. Case-Laws Income Tax Tue, 30 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354873