Section 270A penalty order set-aside as No Date for Hearing fixed after SCN Service 

Genesis Institute Of Medical Science Private Limited Vs ITO (Kerala High Court) Introduction: The Genesis Institute of Medical Science Private Limited recently secured a favorable outcome in a case against the Income Tax Officer (ITO) in the Kerala High Court. The court quashed penalty proceedings under Section 270A of the Income Tax Act, 1961, for the assessment year 2021-22. The central contention was the absence of a fixed hearing date after the petitioner’s response to the show cause notice. Detailed Analysis: 1. Background of the Case: The assessment for the petitioner revealed an a...