https://www.taxtmi.com/caselaws?id=417963 The Tribunal granted relaxation in limitation for delay caused by the national lockdown, allowing the filing of miscellaneous applications. It upheld the decision that the assessee was not in default under section 201(1)/201(1A) of section 206C and directed the deletion of the penalty under section 271CA. The Tribunal rectified an error in the order, deleting the penalty under section 271CA and ensuring consistency with the favorable quantum proceedings outcome. Ultimately, the Tribunal disposed of the applications, aligning the order with the judgment's findings. en-us Tue, 21 Sep 2021 00:00:00 +0530 Sat, 05 Feb 2022 08:25:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417963 The Tribunal granted relaxation in limitation for delay caused by the national lockdown, allowing the filing of miscellaneous applications. It upheld the decision that the assessee was not in default under section 201(1)/201(1A) of section 206C and directed the deletion of the penalty under section 271CA. The Tribunal rectified an error in the order, deleting the penalty under section 271CA and ensuring consistency with the favorable quantum proceedings outcome. Ultimately, the Tribunal disposed of the applications, aligning the order with the judgment's findings. Case-Laws Income Tax Tue, 21 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417963