https://www.taxtmi.com/caselaws?id=280725 The Tribunal found that the penalty imposed by the AO under section 271(1)(b) of the Income Tax Act, 1961 was unjustified as the appellant had complied with the notices and provided valid reasons for delays. Relying on legal precedents, the Tribunal set aside the order of the ld. CIT(A) and directed the AO to delete the penalty. Consequently, the appeals of the assessee were allowed, with the decision pronounced on 23rd Sept, 2015. en-us Wed, 23 Sep 2015 00:00:00 +0530 Sun, 19 May 2019 12:07:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=280725 The Tribunal found that the penalty imposed by the AO under section 271(1)(b) of the Income Tax Act, 1961 was unjustified as the appellant had complied with the notices and provided valid reasons for delays. Relying on legal precedents, the Tribunal set aside the order of the ld. CIT(A) and directed the AO to delete the penalty. Consequently, the appeals of the assessee were allowed, with the decision pronounced on 23rd Sept, 2015. Case-Laws Income Tax Wed, 23 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=280725