https://www.taxtmi.com/caselaws?id=289772 The High Court addressed the jurisdiction of the Tribunal in imposing penalties for disclosed gifts and the validity of penalty proceedings without specifying the nature of the breach. The Court admitted reframed substantial questions of law related to these issues, emphasizing the importance of addressing jurisdictional matters and ensuring procedural fairness in penalty assessments under the Income Tax Act. en-us Mon, 12 Feb 2018 00:00:00 +0530 Fri, 21 Aug 2020 09:57:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289772 The High Court addressed the jurisdiction of the Tribunal in imposing penalties for disclosed gifts and the validity of penalty proceedings without specifying the nature of the breach. The Court admitted reframed substantial questions of law related to these issues, emphasizing the importance of addressing jurisdictional matters and ensuring procedural fairness in penalty assessments under the Income Tax Act. Case-Laws Income Tax Mon, 12 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289772