Section 271D Penalty Challenge Relegated to Statutory Remedy as Facts Were Disputed

Advertisement Zakkariya Raj Sabjan Vs Additional/ Joint/ Deputy/ ACIT (Kerala High Court) The Kerala High Court dismissed an appeal challenging a judgment that declined to examine the merits of a penalty order passed under Section 271D of the Income Tax Act and instead directed the taxpayer to avail the statutory appellate remedy. The appellant contended that the penalty order was invalid as the essential ingredients of Section 271D were not satisfied, that the authority had failed to properly consider his statement, and that the proceedings were barred by limitation under Section 275 of th...