https://www.taxtmi.com/caselaws?id=800400 Omission of the specified domestic-transaction requirement in section 92BA(i) ended the related obligation under section 92E to furnish Form 3CEB. Without a saving clause, the omitted provision ceased to operate and could not support initiation or continuation of penalty proceedings under section 271BA, even where the transactions occurred while the clause remained in force. Penalty for non-furnishing of Form 3CEB was therefore unsustainable. en-us Tue, 22 Sep 2026 00:00:00 +0530 Tue, 06 Oct 2026 08:13:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=800400 Omission of the specified domestic-transaction requirement in section 92BA(i) ended the related obligation under section 92E to furnish Form 3CEB. Without a saving clause, the omitted provision ceased to operate and could not support initiation or continuation of penalty proceedings under section 271BA, even where the transactions occurred while the clause remained in force. Penalty for non-furnishing of Form 3CEB was therefore unsustainable. Case-Laws Income Tax Tue, 22 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=800400