https://www.taxtmi.com/caselaws?id=431958 The Tribunal set aside the penalty order under section 271(1)(b) of the Income Tax Act, emphasizing that subsequent compliance by the appellant was considered good compliance, and earlier defaults were overlooked. The Tribunal allowed the appeal filed by the assessee, leading to the penalty's deletion and a favorable outcome for the appellant. en-us Wed, 19 Oct 2022 00:00:00 +0530 Fri, 23 Dec 2022 16:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431958 The Tribunal set aside the penalty order under section 271(1)(b) of the Income Tax Act, emphasizing that subsequent compliance by the appellant was considered good compliance, and earlier defaults were overlooked. The Tribunal allowed the appeal filed by the assessee, leading to the penalty's deletion and a favorable outcome for the appellant. Case-Laws Income Tax Wed, 19 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431958