ITAT Delhi Deletes Penalty for Non-Compliance Where Notice Not Served on NRI

Mahesh Ratilal Ganatra Vs DCIT (ITAT Delhi) UK Not OK for Notice! – ITAT Delhi Deletes Penalty as 142(1) Never Reached the NRI in Britain; Penalty Quashed as Notice Not Served – ITAT Delhi Holds Service, Not Mere Issuance, is Mandatory for 142(1) Compliance Assessee, a Non-Resident Indian residing in the UK, did not file any return of income for AY 2018-19 since he had no income accruing or arising in India. AO levied a penalty of ₹10,000 u/s 272A(1)(d) for alleged non-compliance with a notice u/s 142(1) dated 06.01.2023. Assessee contended that no such notice was ever served upon him &...