https://www.taxtmi.com/caselaws?id=294279 The ITAT quashed the order passed under Section 263 by the Pr. CIT, holding that the Pr. CIT lacked jurisdiction after the issuance of the final certificate under the Direct Tax Dispute Resolution Scheme, 2016. The ITAT also found that the penalty proceedings were initiated unlawfully and that the AO had not specified the sub-clause of Section 271AAB, rendering the penalty order void. The appeal of the assessee was allowed. en-us Thu, 14 Jun 2018 00:00:00 +0530 Fri, 02 Apr 2021 22:36:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294279 The ITAT quashed the order passed under Section 263 by the Pr. CIT, holding that the Pr. CIT lacked jurisdiction after the issuance of the final certificate under the Direct Tax Dispute Resolution Scheme, 2016. The ITAT also found that the penalty proceedings were initiated unlawfully and that the AO had not specified the sub-clause of Section 271AAB, rendering the penalty order void. The appeal of the assessee was allowed. Case-Laws Income Tax Thu, 14 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294279