https://www.taxtmi.com/caselaws?id=757033 ITAT Chandigarh allowed the assessee's appeal and deleted the penalty levied under section 272A(1)(d) for non-compliance with statutory notices under sections 143(2) and 142(1). The assessee explained non-availability of information due to a hostile director possessing relevant documents. The tribunal found that notices were substantially complied with after the penalty order was passed, and the penalty proceedings were limited to specific notices rather than the broader assessment process under section 144. en-us Wed, 31 Jan 2024 00:00:00 +0530 Wed, 14 Aug 2024 08:32:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=757033 ITAT Chandigarh allowed the assessee's appeal and deleted the penalty levied under section 272A(1)(d) for non-compliance with statutory notices under sections 143(2) and 142(1). The assessee explained non-availability of information due to a hostile director possessing relevant documents. The tribunal found that notices were substantially complied with after the penalty order was passed, and the penalty proceedings were limited to specific notices rather than the broader assessment process under section 144. Case-Laws Income Tax Wed, 31 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=757033