Case Law Analysis
|Income Tax Appellate Tribunal
Section 275(1)(c) IT Act | Penalty Invalid if Passed After 31/03/2016 for FY 2012-13: ITAT Delhi Relies on PCIT v. Turner General
ITAT Delhi quashed a penalty under Section 271C for AY 2013-14 because the order was passed after the statutory deadline of 31/03/2016 under Section 275(1)(c), affirming that limitation is mandatory and not curable. The ruling reinforces that tax authorities cannot extend penalty timelines, affecting all assessees facing delayed proceedings under Chapter XXI of the Income Tax Act.