https://www.taxtmi.com/caselaws?id=372048 The Assessee's appeal challenging the penalty under section 271(1)(c) of the Income Tax Act, 1961 for the Assessment Year 2004-2005 was dismissed. Despite being duly notified of the hearing date, the Assessee failed to appear, indicating a lack of interest in pursuing the appeal. Following Rule 19(2) of the Income Tax Appellate Tribunal Rules and established legal precedents emphasizing the need for active pursuit of appeals, the Tribunal ruled in favor of dismissing the Assessee's appeal. en-us Tue, 23 Oct 2018 00:00:00 +0530 Mon, 17 Dec 2018 06:39:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372048 The Assessee's appeal challenging the penalty under section 271(1)(c) of the Income Tax Act, 1961 for the Assessment Year 2004-2005 was dismissed. Despite being duly notified of the hearing date, the Assessee failed to appear, indicating a lack of interest in pursuing the appeal. Following Rule 19(2) of the Income Tax Appellate Tribunal Rules and established legal precedents emphasizing the need for active pursuit of appeals, the Tribunal ruled in favor of dismissing the Assessee's appeal. Case-Laws Income Tax Tue, 23 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372048