https://www.taxtmi.com/caselaws?id=779724 ITAT (Patna) held that penalty orders under sections 271(1)(b) and 272A(1)(d) are time-barred and quashed. The tribunal noted the assessee was not duly conversant with income-tax proceedings and was given an unreasonably short period (four to five days) by the AO to comply with notice requirements, rendering the penalties barred by limitation. The penalty assessments were therefore annulled. en-us Wed, 22 Jan 2025 00:00:00 +0530 Thu, 09 Oct 2025 17:01:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779724 ITAT (Patna) held that penalty orders under sections 271(1)(b) and 272A(1)(d) are time-barred and quashed. The tribunal noted the assessee was not duly conversant with income-tax proceedings and was given an unreasonably short period (four to five days) by the AO to comply with notice requirements, rendering the penalties barred by limitation. The penalty assessments were therefore annulled. Case-Laws Income Tax Wed, 22 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779724