https://www.taxtmi.com/caselaws?id=23279 An order cancelling penalty under section 271(1)(c) was upheld, but an order passed by an officer lacking jurisdiction did not bring validly initiated penalty proceedings to an end. Those proceedings had to be concluded lawfully by the competent Income-tax Officer. The issue of limitation under section 275 was left open, with liberty to the competent officer to consider it at final disposal. The reference was answered in the affirmative and against the Revenue. en-us Wed, 18 Jul 1990 00:00:00 +0530 Fri, 18 Dec 2009 10:49:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23279 An order cancelling penalty under section 271(1)(c) was upheld, but an order passed by an officer lacking jurisdiction did not bring validly initiated penalty proceedings to an end. Those proceedings had to be concluded lawfully by the competent Income-tax Officer. The issue of limitation under section 275 was left open, with liberty to the competent officer to consider it at final disposal. The reference was answered in the affirmative and against the Revenue. Case-Laws Income Tax Wed, 18 Jul 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23279