https://www.taxtmi.com/caselaws?id=791337 Penalty under Section 271C was held to be time-barred under Section 275(1)(c) because limitation runs from the date of initiation of penalty proceedings, namely when the assessing authority recommended issue of notice, not from the later date of the penalty order. On the facts, the limitation period expired on 31 March 2016, but the order was passed on 19 April 2016. The penalty order was therefore beyond the prescribed time limit and was quashed. en-us Wed, 15 Apr 2026 00:00:00 +0530 Sat, 09 May 2026 07:13:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=791337 Penalty under Section 271C was held to be time-barred under Section 275(1)(c) because limitation runs from the date of initiation of penalty proceedings, namely when the assessing authority recommended issue of notice, not from the later date of the penalty order. On the facts, the limitation period expired on 31 March 2016, but the order was passed on 19 April 2016. The penalty order was therefore beyond the prescribed time limit and was quashed. Case-Laws Income Tax Wed, 15 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=791337