https://www.taxtmi.com/caselaws?id=376199 Penalty proceedings under section 271D were treated as barred by limitation under section 275(1)(c) where the six-month period was held to run from the date the Assessing Officer initiated the proceedings by reference and the competent authority applied its mind and issued notice. Applying the Delhi High Court view and finding no contrary authority, the Tribunal concluded that the penalty order was passed after the prescribed period. The time-bar rendered the order without jurisdiction and void, so the penalty was held invalid in favour of the assessee. en-us Thu, 28 Feb 2019 00:00:00 +0530 Mon, 04 Mar 2019 14:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376199 Penalty proceedings under section 271D were treated as barred by limitation under section 275(1)(c) where the six-month period was held to run from the date the Assessing Officer initiated the proceedings by reference and the competent authority applied its mind and issued notice. Applying the Delhi High Court view and finding no contrary authority, the Tribunal concluded that the penalty order was passed after the prescribed period. The time-bar rendered the order without jurisdiction and void, so the penalty was held invalid in favour of the assessee. Case-Laws Income Tax Thu, 28 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376199