https://www.taxtmi.com/caselaws?id=361713 The Tribunal upheld the penalty imposed under Section 272A(2)(c) of the Income Tax Act, dismissing the appeal. It found that the Income Tax Officer (Intelligence) had jurisdiction to issue the notice under Section 133(6), the penalty order was within the time limit prescribed by Section 275(1)(c), and there was no reasonable cause shown for non-compliance. The decision aligned with previous Tribunal rulings in comparable cases, ruling in favor of the Revenue. en-us Thu, 07 Jun 2018 00:00:00 +0530 Tue, 12 Jun 2018 16:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=361713 The Tribunal upheld the penalty imposed under Section 272A(2)(c) of the Income Tax Act, dismissing the appeal. It found that the Income Tax Officer (Intelligence) had jurisdiction to issue the notice under Section 133(6), the penalty order was within the time limit prescribed by Section 275(1)(c), and there was no reasonable cause shown for non-compliance. The decision aligned with previous Tribunal rulings in comparable cases, ruling in favor of the Revenue. Case-Laws Income Tax Thu, 07 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=361713