https://www.taxtmi.com/caselaws?id=378119 The Tribunal ruled in favor of the assessee, allowing both appeals and deleting the penalties imposed under section 271(1)(b) of the Income-Tax Act for assessment years 2009-10 & 2010-11. The Tribunal held that the assessee's subsequent compliance during the assessment proceedings constituted good compliance, and earlier defaults were disregarded, leading to the conclusion that proper compliance was made. Consequently, the penalties were not justified, and the appeals were successful in overturning the penalty orders. en-us Fri, 05 Apr 2019 00:00:00 +0530 Mon, 08 Apr 2019 13:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378119 The Tribunal ruled in favor of the assessee, allowing both appeals and deleting the penalties imposed under section 271(1)(b) of the Income-Tax Act for assessment years 2009-10 & 2010-11. The Tribunal held that the assessee's subsequent compliance during the assessment proceedings constituted good compliance, and earlier defaults were disregarded, leading to the conclusion that proper compliance was made. Consequently, the penalties were not justified, and the appeals were successful in overturning the penalty orders. Case-Laws Income Tax Fri, 05 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378119