Lack of evidence of non-compliance with issued notices: ITAT Quashes Section 272A(1)(C) penalty

Deepak Kumar Samtani Vs ADIT (Inv.) (ITAT Jaipur) In the case of Deepak Kumar Samtani vs. ADIT (Inv.), the Jaipur Income Tax Appellate Tribunal (ITAT) reviewed an appeal against a penalty imposed under Section 272A(1)(C) of the Income Tax Act. The penalty stemmed from alleged non-compliance with multiple summonses issued to Samtani. The first notice, sent by email on March 30, 2018, required attendance the following day; however, the assessee’s representative contended that this notice was never received, a fact the Department did not dispute. Regarding the second notice, Samtani requested a...