https://www.taxtmi.com/caselaws?id=444219 The Tribunal dismissed the appeal, upholding the penalty imposed under section 271(1)(b) of the Income Tax Act for the appellant's initial non-compliance with notices issued under sections 142(1) and 271(1)(b) for the assessment year 2014-15. The Tribunal concluded that the penalty was justified as the appellant's eventual compliance occurred only after the assessment was completed, indicating a willful default. The decision was rendered on 15th June 2023. en-us Thu, 15 Jun 2023 00:00:00 +0530 Wed, 11 Oct 2023 08:42:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444219 The Tribunal dismissed the appeal, upholding the penalty imposed under section 271(1)(b) of the Income Tax Act for the appellant's initial non-compliance with notices issued under sections 142(1) and 271(1)(b) for the assessment year 2014-15. The Tribunal concluded that the penalty was justified as the appellant's eventual compliance occurred only after the assessment was completed, indicating a willful default. The decision was rendered on 15th June 2023. Case-Laws Income Tax Thu, 15 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444219