Penalty on Deceased Assessee Void, Section 271AAC Order Quashed: ITAT Mumbai

Suguna Radhakrishna Adappa Vs ITO (ITAT Mumbai) Penalty Order Passed on Deceased Assessee Is Void: ITAT Mumbai Quashes Section 271AAC Penalty The Mumbai Bench of the ITAT allowed the assessee’s appeal for AY 2017-18 and set aside the penalty of ₹1,04,171 imposed under section 271AAC(1), holding that the penalty proceedings were void ab initio as they were initiated and concluded against a deceased person. The assessee had died on 03.06.2021, whereas the show-cause notice under section 274 read with section 271AAC was issued on 29.03.2022 and the penalty order was passed on 18.09.2022, both...