https://www.taxtmi.com/caselaws?id=391213 The High Court remitted the case back to the Tribunal for a fresh decision on whether the penalty order under Section 271-D of the Income Tax Act is time-barred as per Section 275. The Court emphasized the importance of examining this issue, even without Cross-objections, as it could affect the validity of the penalty order. This decision ensures a comprehensive assessment of the limitation aspect, underscoring its significance in determining the case's outcome. en-us Tue, 07 Jan 2020 00:00:00 +0530 Wed, 22 Jan 2020 10:21:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391213 The High Court remitted the case back to the Tribunal for a fresh decision on whether the penalty order under Section 271-D of the Income Tax Act is time-barred as per Section 275. The Court emphasized the importance of examining this issue, even without Cross-objections, as it could affect the validity of the penalty order. This decision ensures a comprehensive assessment of the limitation aspect, underscoring its significance in determining the case's outcome. Case-Laws Income Tax Tue, 07 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391213