https://www.taxtmi.com/caselaws?id=278435 The Tribunal allowed the assessee's appeal against the penalty imposed under section 271(1)(b) for non-compliance with notices under section 142(1) during assessment proceedings. The Tribunal reversed the decision of the CIT(A) and found no valid reason to uphold the penalty, considering that the assessee eventually appeared before the assessment proceedings and the assessment was completed under section 143(3). As a result, the appeal against the penalty was allowed, and the decision was pronounced on 11/01/2018. en-us Thu, 11 Jan 2018 00:00:00 +0530 Sat, 02 Feb 2019 08:03:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278435 The Tribunal allowed the assessee's appeal against the penalty imposed under section 271(1)(b) for non-compliance with notices under section 142(1) during assessment proceedings. The Tribunal reversed the decision of the CIT(A) and found no valid reason to uphold the penalty, considering that the assessee eventually appeared before the assessment proceedings and the assessment was completed under section 143(3). As a result, the appeal against the penalty was allowed, and the decision was pronounced on 11/01/2018. Case-Laws Income Tax Thu, 11 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278435