https://www.taxtmi.com/highlights?id=44864 Penalty u/s. 271(1)(b) - Non response to notice issued in assessment proceedings - non response has already led to addition of the entire amount and the very purpose of the notice was to ask the assessee to produce the parties, in our considered opinion, penalty levied for non-response by the assessee in this regard will amount to double prejudice. Hence penalty is not sustainable. en-us Mon, 04 Mar 2019 08:15:09 +0530 Mon, 04 Mar 2019 08:14:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=44864 Penalty u/s. 271(1)(b) - Non response to notice issued in assessment proceedings - non response has already led to addition of the entire amount and the very purpose of the notice was to ask the assessee to produce the parties, in our considered opinion, penalty levied for non-response by the assessee in this regard will amount to double prejudice. Hence penalty is not sustainable. Highlights Income Tax Mon, 04 Mar 2019 08:15:09 +0530 https://www.taxtmi.com/highlights?id=44864