https://www.taxtmi.com/caselaws?id=275571 The court dismissed the revenue department's appeal challenging the cancellation of a penalty under Section 271G read with Section 274. The judgment emphasized the importance of documenting the timeline of document submissions and any extensions granted. It highlighted the lack of essential details in the penalty order, such as specific dates and compliance information, indicating a failure to apply legal considerations. Due to the absence of crucial details and lack of merit in the appeal, the court ruled in favor of the assessee, resulting in the dismissal of the revenue's appeal. en-us Tue, 23 May 2017 00:00:00 +0530 Tue, 09 Oct 2018 06:49:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=275571 The court dismissed the revenue department's appeal challenging the cancellation of a penalty under Section 271G read with Section 274. The judgment emphasized the importance of documenting the timeline of document submissions and any extensions granted. It highlighted the lack of essential details in the penalty order, such as specific dates and compliance information, indicating a failure to apply legal considerations. Due to the absence of crucial details and lack of merit in the appeal, the court ruled in favor of the assessee, resulting in the dismissal of the revenue's appeal. Case-Laws Income Tax Tue, 23 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=275571