https://www.taxtmi.com/caselaws?id=433892 The Tribunal allowed the appeal, directing deletion of the penalty imposed under Section 271(1)(b) of the Income Tax Act for non-compliance of a notice, considering the pandemic situation and overall compliance history of the assessee. The Tribunal held that subsequent compliance during the assessment process, leading to final assessment under Section 143(3), should be deemed as good compliance, in line with established legal precedents. Consequently, penalties for subsequent assessment years were also deleted based on the decision in the primary appeal for the initial assessment year. en-us Tue, 31 Jan 2023 00:00:00 +0530 Mon, 13 Feb 2023 09:40:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433892 The Tribunal allowed the appeal, directing deletion of the penalty imposed under Section 271(1)(b) of the Income Tax Act for non-compliance of a notice, considering the pandemic situation and overall compliance history of the assessee. The Tribunal held that subsequent compliance during the assessment process, leading to final assessment under Section 143(3), should be deemed as good compliance, in line with established legal precedents. Consequently, penalties for subsequent assessment years were also deleted based on the decision in the primary appeal for the initial assessment year. Case-Laws Income Tax Tue, 31 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433892