https://www.taxtmi.com/caselaws?id=472108 Section 270A requires the competent authority to direct, during proceedings under the Income-tax Act, that a person is liable to penalty for under-reporting income. Neither the assessment order nor the consequential order giving effect to the appellate order recorded initiation of penalty proceedings. An appellate observation that proceedings had been initiated was factually incorrect. In these circumstances, the penalty order was void ab initio and the penalty was liable to be deleted. en-us Wed, 16 Apr 2025 00:00:00 +0530 Wed, 30 Sep 2026 08:42:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=472108 Section 270A requires the competent authority to direct, during proceedings under the Income-tax Act, that a person is liable to penalty for under-reporting income. Neither the assessment order nor the consequential order giving effect to the appellate order recorded initiation of penalty proceedings. An appellate observation that proceedings had been initiated was factually incorrect. In these circumstances, the penalty order was void ab initio and the penalty was liable to be deleted. Case-Laws Income Tax Wed, 16 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=472108