Dept failed to consider Reply to Income Tax Notice: Delhi High Court quashes Penalty [Read Order]

Department - Income Tax Notice - Income tax - Notice - Delhi High Court - Penalty - Taxscan

The Delhi High Court has ruled that a penalty order passed by the income-tax authority under Section 271(1)(c) of the Income Tax Act, 1961 without considering the objections filed by the assessee is violative of the principles of natural justice. The Bench, consisting of Justice Manmohan and Justice Dinesh Kumar Sharma, quashed the penalty order…

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