https://www.taxtmi.com/caselaws?id=471215 Penalty for under-reporting is not automatic: a valid show-cause notice, reasonable opportunity, and identification of the applicable statutory clause are required before levy. Where no notice followed initiation in assessment orders and no penalty was imposed, appellate confirmation of initiation was premature. Intimation adjustments do not merge automatically into a later scrutiny assessment; they may be challenged in an appeal against that assessment only if the assessment considered and decided them. Otherwise, a separate statutory appeal against the intimation is required. Liability for delayed-return interest requires factual verification where timely filing of the original return is claimed. en-us Tue, 31 Dec 2024 00:00:00 +0530 Tue, 25 Aug 2026 18:57:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471215 Penalty for under-reporting is not automatic: a valid show-cause notice, reasonable opportunity, and identification of the applicable statutory clause are required before levy. Where no notice followed initiation in assessment orders and no penalty was imposed, appellate confirmation of initiation was premature. Intimation adjustments do not merge automatically into a later scrutiny assessment; they may be challenged in an appeal against that assessment only if the assessment considered and decided them. Otherwise, a separate statutory appeal against the intimation is required. Liability for delayed-return interest requires factual verification where timely filing of the original return is claimed. Case-Laws Income Tax Tue, 31 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471215