Penalty limitation u/s 275 Archives

Date of initiation of penalty in assessment order is the relevant date u/s 275(1)(c) for limitation

administrator November 22, 2022 High Courts, Income Tax

Date of initiation of penalty proceedings in assessment order is the relevant date u/s 275(1)(c) for limitation purpose. ABCAUS Case Law CitationABCAUS 3618 (2022) (11) HC Important Case Laws relied upon by parties Principal Commissioner of Income-Tax vs. Mahesh Wood Products Pvt. Ltd.Principal Commissioner of Income-Tax vs. JKD …

Revision order passed against dropping penalty u/s 271(1)(c) after expiry of limitation invalid – ITAT

administrator November 22, 2018 Income Tax, ITAT

Revisionary order u/s 263 passed against dropping of penalty u/s 271(1)(c) after the expiry of limitation period as provided u/s 275 of the Act was invalid – ITAT ABCAUS Case Law Citation: ABCAUS 2644 (2018) (11) ITAT Important Case Laws Cited/relied upon: Toyota Motor Corporation reported in 306 …

Limitation for passing penalty order u/s 275 not apply where case is transferred to another AO causing delay–High Court

administrator July 10, 2018 High Courts, Income Tax

Limitation for passing penalty order u/s 275 not apply where case is transferred to another AO causing delay in initiation of penalty– High Court reverses ITAT decision ABCAUS Case Law Citation: ABCAUS 2408 (2018) 07 HC The instant appeal was filed by the assessee against the order of …

Penalty limitation period not gets extended if appeal is withdrawn by the Department-High Court

administrator March 7, 2018 High Courts, Income Tax, Judgments

Penalty limitation period not gets extended if appeal is withdrawn by the Department. Appeal means an effective appeal and an appeal withdrawn is an appeal non est-High Court ABCAUS Case Law Citation: ABCAUS 2235 (2018) (03) HC The appellant assessee was aggrieved by the order of the ITAT …

Penalty notice issued after completion of assessment proceedings illegal – ITAT

administrator August 25, 2017 Income Tax, ITAT, Judgments

Penalty notice issued after completion of assessment proceedings illegal. Where no proceedings relevant to assessment year are pending penalty notice was issued is bad in law – ITAT ABCAUS Case Law Citation: ABCAUS 2043 (2017) (08) ITAT The Grievance: The Revenue has filed an appeal against the Order …

Limitation us 275 imposing penalty starts from date of initiation by AO though it is imposable by Addl/JCIT. Penalty us 272A(2)(k), 271C held time barred

administrator June 30, 2016 Income Tax, ITAT, Judgments

Limitation us 275 imposing penalty starts from the date of initiation by the Assessing Officer though it is imposable by Additional/Joint Commissioner of Income-tax but there is no bar on the initiation of penalty proceedings by the ITO. Proceedings us 272A(2)(k), 271C held time barred by ITAT ABCAUS …

Tag: Penalty limitation u/s 275