https://www.taxtmi.com/caselaws?id=433020 The Tribunal allowed the appeal of the assessee, directing the Assessing Officer to delete the penalty imposed under section 271(1)(b) of the Income Tax Act, 1961. The judgment emphasized the importance of serving statutory notices at the correct address as per the income tax return and highlighted the need for proper verification before penalty imposition. en-us Thu, 05 Jan 2023 00:00:00 +0530 Thu, 19 Jan 2023 08:38:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433020 The Tribunal allowed the appeal of the assessee, directing the Assessing Officer to delete the penalty imposed under section 271(1)(b) of the Income Tax Act, 1961. The judgment emphasized the importance of serving statutory notices at the correct address as per the income tax return and highlighted the need for proper verification before penalty imposition. Case-Laws Income Tax Thu, 05 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433020