https://www.taxtmi.com/caselaws?id=751894 Section 159 permits penalty proceedings to be initiated or continued against a legal representative for a deceased assessee's default, but recovery from the inherited estate is confined to tax liability. Because penalty is quasi-criminal and meant to punish the wrongdoer, it cannot be recovered from the estate of the deceased assessee merely because the proceedings were completed during lifetime. The tribunal therefore held that the section 271B penalty, though imposed before death, was not recoverable from the estate and directed deletion of the penalty. en-us Thu, 25 Apr 2024 00:00:00 +0530 Mon, 16 Dec 2024 12:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=751894 Section 159 permits penalty proceedings to be initiated or continued against a legal representative for a deceased assessee's default, but recovery from the inherited estate is confined to tax liability. Because penalty is quasi-criminal and meant to punish the wrongdoer, it cannot be recovered from the estate of the deceased assessee merely because the proceedings were completed during lifetime. The tribunal therefore held that the section 271B penalty, though imposed before death, was not recoverable from the estate and directed deletion of the penalty. Case-Laws Income Tax Thu, 25 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=751894