https://www.taxtmi.com/caselaws?id=773968 Penalty under section 271B was analysed for limitation under section 275(1)(c) of the Income-tax Act, 1961. The text notes that the penalty notice was issued on 25.12.2019, but the penalty order was passed only on 30.07.2021, beyond the statutory time limit. On that basis, the order is described as having been passed without jurisdiction, barred by limitation, void ab initio, and unsustainable, with the assessee succeeding. en-us Fri, 13 Jun 2025 00:00:00 +0530 Tue, 01 Jul 2025 08:47:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=773968 Penalty under section 271B was analysed for limitation under section 275(1)(c) of the Income-tax Act, 1961. The text notes that the penalty notice was issued on 25.12.2019, but the penalty order was passed only on 30.07.2021, beyond the statutory time limit. On that basis, the order is described as having been passed without jurisdiction, barred by limitation, void ab initio, and unsustainable, with the assessee succeeding. Case-Laws Income Tax Fri, 13 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=773968