https://www.taxtmi.com/highlights?id=52337 Penalty u/s 271(1)(c) - Being unaware, the ex- Directors did not represent the matters either in quantum proceedings or in penalty proceedings. - The present Directors of the assessee-company has faced financial difficulties and labour unrest, and the same is evident from the documents produced before the Tribunal - CIT(A) directed adjudicate the matter - AT en-us Sat, 14 Mar 2020 13:43:43 +0530 Sat, 14 Mar 2020 13:43:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=52337 Penalty u/s 271(1)(c) - Being unaware, the ex- Directors did not represent the matters either in quantum proceedings or in penalty proceedings. - The present Directors of the assessee-company has faced financial difficulties and labour unrest, and the same is evident from the documents produced before the Tribunal - CIT(A) directed adjudicate the matter - AT Highlights Income Tax Sat, 14 Mar 2020 13:43:43 +0530 https://www.taxtmi.com/highlights?id=52337