https://www.taxtmi.com/caselaws?id=387237 The Appellate Tribunal ITAT Jaipur ruled in five appeals challenging penalty orders under section 271(1)(b) of the IT Act for the assessment year 2013-14. The Tribunal held that multiple penalties for the same default were not justified, restricting penalties to a single default. It emphasized that penalty provisions are deterrent in nature and not meant for repeated penalties for the same default. The Tribunal dismissed one appeal and allowed others, highlighting the need for clear communication in notice issuance and the deterrent purpose of penalties. en-us Thu, 10 Oct 2019 00:00:00 +0530 Sat, 19 Oct 2019 15:57:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387237 The Appellate Tribunal ITAT Jaipur ruled in five appeals challenging penalty orders under section 271(1)(b) of the IT Act for the assessment year 2013-14. The Tribunal held that multiple penalties for the same default were not justified, restricting penalties to a single default. It emphasized that penalty provisions are deterrent in nature and not meant for repeated penalties for the same default. The Tribunal dismissed one appeal and allowed others, highlighting the need for clear communication in notice issuance and the deterrent purpose of penalties. Case-Laws Income Tax Thu, 10 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387237