Penalty Order

Last updated: 31 December 2008

Court :

Brief :
Case Fact: Whether Assessing Officer can drop penalty proceedings without giving detailed reasons thereof?

Citation :
Toyota Motor Corporation Vs. CIT

Decision: Held by the Hon`able Court that the Assessing Officer cannot drop penalty proceedings without giving detailed reasons thereof. An assessing officers duty is not discharged merely because the tribunal has held that the officer had gone into facts and had not proceeded casually.