https://www.taxtmi.com/caselaws?id=367042 The Tribunal ruled in favor of the assessees, deleting the penalties imposed under section 271(1)(b) for non-compliance with notices under sections 148 and 142(1) of the Income Tax Act for AY 2009-10. The Tribunal found that penalties for non-compliance with section 148 notices were not valid under section 271(1)(b) and considered the change of address as a valid reason for non-receipt of notices. As a result, the penalties were deleted, and the appeals of the assessees were allowed, setting a precedent for similar cases. en-us Tue, 04 Sep 2018 00:00:00 +0530 Fri, 14 Sep 2018 07:48:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=367042 The Tribunal ruled in favor of the assessees, deleting the penalties imposed under section 271(1)(b) for non-compliance with notices under sections 148 and 142(1) of the Income Tax Act for AY 2009-10. The Tribunal found that penalties for non-compliance with section 148 notices were not valid under section 271(1)(b) and considered the change of address as a valid reason for non-receipt of notices. As a result, the penalties were deleted, and the appeals of the assessees were allowed, setting a precedent for similar cases. Case-Laws Income Tax Tue, 04 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=367042