https://www.taxtmi.com/caselaws?id=779969 Penalty under the Income-tax Act for non-compliance with statutory notices could not survive once the assessment order that formed the basis of the penalty was set aside for fresh adjudication. The assessment order dated 21.03.2023, in which penalty satisfaction had been recorded, had ceased to exist after the appellate order under section 250 directed a fresh assessment. As the subsequent giving effect order left no subsisting assessment order, the penalty was treated as consequential to a non-existent foundation and was deleted. en-us Tue, 30 Sep 2025 00:00:00 +0530 Wed, 15 Oct 2025 17:35:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779969 Penalty under the Income-tax Act for non-compliance with statutory notices could not survive once the assessment order that formed the basis of the penalty was set aside for fresh adjudication. The assessment order dated 21.03.2023, in which penalty satisfaction had been recorded, had ceased to exist after the appellate order under section 250 directed a fresh assessment. As the subsequent giving effect order left no subsisting assessment order, the penalty was treated as consequential to a non-existent foundation and was deleted. Case-Laws Income Tax Tue, 30 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779969