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Income Tax - Highlights / Catch Notes

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The High Court quashed the penalty order u/s 271(1)(c) passed by ...


Penalty order quashed for lack of hearing opportunity; remanded for fresh order after granting hearing.

December 11, 2024

Case Laws     Income Tax     HC

The High Court quashed the penalty order u/s 271(1)(c) passed by the National Faceless Assessment Centre against the petitioner without providing an opportunity of hearing. The matter was remanded back to pass a fresh penalty order after granting an opportunity of hearing to the petitioner in accordance with law, as the Tribunal had already granted substantial relief to the petitioner on merits in the appeals filed by both parties.

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