https://www.taxtmi.com/caselaws?id=12217 The court set aside the penalty order imposed under section 271(1)(c) of the Income-tax Act, 1961, as it was found to be beyond the prescribed time limit, leading to a delay of four days. Additionally, the court ruled that the Explanation to section 275 could not be invoked by the Department without a request for rehearing by the assessee. Consequently, the penalty order was deemed misconceived and barred by limitation, resulting in the court quashing the order and allowing the writ petition. en-us Fri, 04 Oct 2002 00:00:00 +0530 Fri, 19 Feb 2010 13:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12217 The court set aside the penalty order imposed under section 271(1)(c) of the Income-tax Act, 1961, as it was found to be beyond the prescribed time limit, leading to a delay of four days. Additionally, the court ruled that the Explanation to section 275 could not be invoked by the Department without a request for rehearing by the assessee. Consequently, the penalty order was deemed misconceived and barred by limitation, resulting in the court quashing the order and allowing the writ petition. Case-Laws Income Tax Fri, 04 Oct 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12217