https://www.taxtmi.com/caselaws?id=416371 The Tribunal upheld the penalty imposed by the Assessing Officer under section 271(1)(b) of the Income Tax Act, confirming the decision of the Commissioner of Income Tax (Appeals). The Tribunal found the assessee repeatedly failed to comply with notices and furnish required information, justifying the penalty for non-compliance. Despite ample opportunities, the assessee did not respond or provide necessary documents, leading to the dismissal of the appeal. The decision was based on the assessee's persistent non-compliance with statutory notices and failure to provide explanations, resulting in the confirmation of the penalty. en-us Thu, 23 Dec 2021 00:00:00 +0530 Mon, 27 Dec 2021 06:37:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416371 The Tribunal upheld the penalty imposed by the Assessing Officer under section 271(1)(b) of the Income Tax Act, confirming the decision of the Commissioner of Income Tax (Appeals). The Tribunal found the assessee repeatedly failed to comply with notices and furnish required information, justifying the penalty for non-compliance. Despite ample opportunities, the assessee did not respond or provide necessary documents, leading to the dismissal of the appeal. The decision was based on the assessee's persistent non-compliance with statutory notices and failure to provide explanations, resulting in the confirmation of the penalty. Case-Laws Income Tax Thu, 23 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416371