https://www.taxtmi.com/highlights?id=73482 Penalty u/s 271E - contravention of the provisions of Section 269T in the preceding assessment year - no proceedings pending before the Ld. AO qua the assessee for A.Y. 2014-15 - initiation of penalty proceedings under section 271E of the Act on the basis of assessment order for A.Y. 2015-16 is bad in law and imposition of impugned penalty by Ld. JCIT and confirmation thereof by the Ld. CIT(A) is not sustainable. - AT en-us Fri, 08 Dec 2023 14:17:29 +0530 Fri, 08 Dec 2023 14:17:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=73482 Penalty u/s 271E - contravention of the provisions of Section 269T in the preceding assessment year - no proceedings pending before the Ld. AO qua the assessee for A.Y. 2014-15 - initiation of penalty proceedings under section 271E of the Act on the basis of assessment order for A.Y. 2015-16 is bad in law and imposition of impugned penalty by Ld. JCIT and confirmation thereof by the Ld. CIT(A) is not sustainable. - AT Highlights Income Tax Fri, 08 Dec 2023 14:17:29 +0530 https://www.taxtmi.com/highlights?id=73482