https://www.taxtmi.com/caselaws?id=443412 The appeals arising from penalty proceedings under sections 271(1)(b) and 272A(1)(d) of the Income Tax Act were adjudicated. The court found that penalties were imposed without proper application of mind, lacking specifics on non-compliance with notices and assessing officer satisfaction. Emphasizing the necessity of establishing intentional non-compliance, the court set aside the penalty orders as they did not meet the required criteria. All appeals were allowed, and the impugned penalty orders were overturned. en-us Wed, 13 Sep 2023 00:00:00 +0530 Sat, 23 Sep 2023 11:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443412 The appeals arising from penalty proceedings under sections 271(1)(b) and 272A(1)(d) of the Income Tax Act were adjudicated. The court found that penalties were imposed without proper application of mind, lacking specifics on non-compliance with notices and assessing officer satisfaction. Emphasizing the necessity of establishing intentional non-compliance, the court set aside the penalty orders as they did not meet the required criteria. All appeals were allowed, and the impugned penalty orders were overturned. Case-Laws Income Tax Wed, 13 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443412