https://www.taxtmi.com/caselaws?id=380330 The ITAT Indore allowed three appeals by different assesses and deleted the penalty of Rs. 10,000 imposed under section 271(1)(b) of the Income Tax Act for non-compliance with notices during assessment proceedings. The Tribunal relied on a previous decision by the Co-ordinate Bench where a similar penalty was deemed unjustified due to the completion of assessments under section 143(3) of the Act, indicating cooperation by the assesses. The Tribunal concluded that the penalty was unwarranted in the current case as well, leading to the deletion of the penalty in all three appeals. en-us Thu, 16 May 2019 00:00:00 +0530 Sat, 18 May 2019 06:51:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380330 The ITAT Indore allowed three appeals by different assesses and deleted the penalty of Rs. 10,000 imposed under section 271(1)(b) of the Income Tax Act for non-compliance with notices during assessment proceedings. The Tribunal relied on a previous decision by the Co-ordinate Bench where a similar penalty was deemed unjustified due to the completion of assessments under section 143(3) of the Act, indicating cooperation by the assesses. The Tribunal concluded that the penalty was unwarranted in the current case as well, leading to the deletion of the penalty in all three appeals. Case-Laws Income Tax Thu, 16 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380330