https://www.taxtmi.com/caselaws?id=776923 HC held the penalty order under s.271E was time-barred: limitation under s.275(1)(c) expired on 30.06.2011, and the Revenue could not unilaterally extend limitation by delaying notice. Because the reference was dated 07.06.2011, any notice issued thereafter led to the penalty dated 30.12.2011 being beyond the limitation period. Decision set aside the penalty, ruling in favor of the assessee and against the Revenue. en-us Fri, 01 Aug 2025 00:00:00 +0530 Mon, 13 Jul 2026 14:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776923 HC held the penalty order under s.271E was time-barred: limitation under s.275(1)(c) expired on 30.06.2011, and the Revenue could not unilaterally extend limitation by delaying notice. Because the reference was dated 07.06.2011, any notice issued thereafter led to the penalty dated 30.12.2011 being beyond the limitation period. Decision set aside the penalty, ruling in favor of the assessee and against the Revenue. Case-Laws Income Tax Fri, 01 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776923