https://www.taxtmi.com/caselaws?id=773825 The ITAT Raipur allowed the assessee's appeal against penalty levied under Section 271(1)(b) for failure to furnish documents per notice under Section 142(1). The assessee had filed a reply through e-portal explaining inability to provide requisite information within the short timeframe without intention to avoid proceedings. The AO passed the penalty order without considering the fairness of submissions or conducting proper verification. The CIT(Appeals)/NFAC made a perverse order with wrong facts regarding penalty quantum and failed to examine the matter under Section 273B requirements. en-us Thu, 26 Jun 2025 00:00:00 +0530 Sat, 28 Jun 2025 08:31:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=773825 The ITAT Raipur allowed the assessee's appeal against penalty levied under Section 271(1)(b) for failure to furnish documents per notice under Section 142(1). The assessee had filed a reply through e-portal explaining inability to provide requisite information within the short timeframe without intention to avoid proceedings. The AO passed the penalty order without considering the fairness of submissions or conducting proper verification. The CIT(Appeals)/NFAC made a perverse order with wrong facts regarding penalty quantum and failed to examine the matter under Section 273B requirements. Case-Laws Income Tax Thu, 26 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=773825