https://www.taxtmi.com/caselaws?id=412637 The Tribunal allowed the Revenue's appeals, remanding the case to the CIT(A) for fresh consideration on the merits. The penalties imposed under Sections 271D and 271E for Assessment Years 2009-10 to 2011-12 were reinstated, emphasizing the independence of penalty proceedings from assessment proceedings. The CIT(A) was deemed unjustified in canceling the penalties based on the invalidity of the assessment orders, with the matter left open for review. The appeals were allowed for statistical purposes. en-us Mon, 20 Sep 2021 00:00:00 +0530 Wed, 22 Sep 2021 13:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=412637 The Tribunal allowed the Revenue's appeals, remanding the case to the CIT(A) for fresh consideration on the merits. The penalties imposed under Sections 271D and 271E for Assessment Years 2009-10 to 2011-12 were reinstated, emphasizing the independence of penalty proceedings from assessment proceedings. The CIT(A) was deemed unjustified in canceling the penalties based on the invalidity of the assessment orders, with the matter left open for review. The appeals were allowed for statistical purposes. Case-Laws Income Tax Mon, 20 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=412637