https://www.taxtmi.com/caselaws?id=56737 The Tribunal affirmed the ld. AAC's decision to cancel penalties imposed on an Association of Persons for the assessment years 1969-70 to 1972-73 under section 271(1)(a) of the Income Tax Act, 1961. The penalties were annulled due to improper service of notices fixing a hearing date on a Sunday and failure to provide the assessee with an opportunity to be heard. The Tribunal emphasized the necessity of correctly initiating penalty proceedings and upheld the cancellation based on legal precedents regarding the invalidity of notices served on holidays. en-us Fri, 03 Feb 1984 00:00:00 +0530 Mon, 06 Dec 2010 15:25:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56737 The Tribunal affirmed the ld. AAC's decision to cancel penalties imposed on an Association of Persons for the assessment years 1969-70 to 1972-73 under section 271(1)(a) of the Income Tax Act, 1961. The penalties were annulled due to improper service of notices fixing a hearing date on a Sunday and failure to provide the assessee with an opportunity to be heard. The Tribunal emphasized the necessity of correctly initiating penalty proceedings and upheld the cancellation based on legal precedents regarding the invalidity of notices served on holidays. Case-Laws Income Tax Fri, 03 Feb 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56737