Penalty order quashed due to insufficient service of notice

Gajender Singh Jadon Vs ACIT (ITAT Delhi) ITAT Delhi quashed the penalty order passed under section 271(1)(b) of the Income Tax Act as service of notice by way of affixture on the Assessee cannot be construed as sufficient Service of Notice. Facts- The assessment order u/s 144/147 of the Income Tax Act, 1961 was passed on 24/01/2014 by assessing the income of the Assessee at Rs. 14,62,150/- which being cash deposited to Assessee’s bank account. Consequent to the assessment order, since the assessee has not responded to the statutory notices issued u/s 142(1) of the Act, a penalty proceedings...