https://www.taxtmi.com/highlights?id=80415 The case involves penalty imposition u/s 272A(1)(d) for non-compliance with statutory notices issued u/ss 143(2) and 142(1). Assessee explained non-compliance due to a hostile Director holding relevant information. The argument that subsequent compliance cannot be considered as assessment was u/s 144 was dismissed. Assessee's argument focused on substantial compliance post-penalty order. Penalty u/s 272A(1)(d) was deleted, and assessee's appeal allowed by the Appellate Tribunal (ITAT). en-us Wed, 14 Aug 2024 08:32:52 +0530 Wed, 14 Aug 2024 08:32:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=80415 The case involves penalty imposition u/s 272A(1)(d) for non-compliance with statutory notices issued u/ss 143(2) and 142(1). Assessee explained non-compliance due to a hostile Director holding relevant information. The argument that subsequent compliance cannot be considered as assessment was u/s 144 was dismissed. Assessee's argument focused on substantial compliance post-penalty order. Penalty u/s 272A(1)(d) was deleted, and assessee's appeal allowed by the Appellate Tribunal (ITAT). Highlights Income Tax Wed, 14 Aug 2024 08:32:52 +0530 https://www.taxtmi.com/highlights?id=80415