https://www.taxtmi.com/caselaws?id=429429 The High Court allowed the application and condoned the delay in filing the appeal due to an extension of the period of limitation. Regarding the penalty imposed under Section 271(1)(c) of the Income Tax Act, the Court dismissed the appeal and stay application, emphasizing the necessity of proving contumacious conduct for penalty imposition and ensuring procedural fairness in penalty notices. The decision stressed adherence to legal principles and proper notice requirements in tax penalty proceedings. en-us Mon, 05 Sep 2022 00:00:00 +0530 Thu, 27 Oct 2022 18:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429429 The High Court allowed the application and condoned the delay in filing the appeal due to an extension of the period of limitation. Regarding the penalty imposed under Section 271(1)(c) of the Income Tax Act, the Court dismissed the appeal and stay application, emphasizing the necessity of proving contumacious conduct for penalty imposition and ensuring procedural fairness in penalty notices. The decision stressed adherence to legal principles and proper notice requirements in tax penalty proceedings. Case-Laws Income Tax Mon, 05 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429429