https://www.taxtmi.com/caselaws?id=431681 The Tribunal allowed the appeal of the assessee after condoning the delay in filing the appeal against the penalty imposed under section 271(1)(b) of the Income Tax Act, 1961. Despite the assessee's non-appearance leading to an ex parte adjudication, the Tribunal upheld the penalty of Rs.30,000 due to non-compliance, rejecting the reasons provided by the assessee. The appeal was dismissed, affirming the penalty levy. en-us Fri, 16 Dec 2022 00:00:00 +0530 Sat, 17 Dec 2022 15:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431681 The Tribunal allowed the appeal of the assessee after condoning the delay in filing the appeal against the penalty imposed under section 271(1)(b) of the Income Tax Act, 1961. Despite the assessee's non-appearance leading to an ex parte adjudication, the Tribunal upheld the penalty of Rs.30,000 due to non-compliance, rejecting the reasons provided by the assessee. The appeal was dismissed, affirming the penalty levy. Case-Laws Income Tax Fri, 16 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431681