https://www.taxtmi.com/caselaws?id=307391 The Tribunal remanded the case back to the Assessing Officer, emphasizing the necessity of providing the assessee with a fair opportunity to present their case in penalty proceedings under Section 271(1)(c) of the Income Tax Act. The decision aimed to rectify procedural deficiencies and ensure adherence to principles of natural justice, allowing the assessee a chance to clarify and explain their position adequately. The appeal was allowed for statistical purposes, highlighting the significance of affording sufficient hearing opportunities to the taxpayer. en-us Wed, 19 Feb 2020 00:00:00 +0530 Mon, 10 Apr 2023 22:12:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=307391 The Tribunal remanded the case back to the Assessing Officer, emphasizing the necessity of providing the assessee with a fair opportunity to present their case in penalty proceedings under Section 271(1)(c) of the Income Tax Act. The decision aimed to rectify procedural deficiencies and ensure adherence to principles of natural justice, allowing the assessee a chance to clarify and explain their position adequately. The appeal was allowed for statistical purposes, highlighting the significance of affording sufficient hearing opportunities to the taxpayer. Case-Laws Income Tax Wed, 19 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=307391