CIT(A) rightly quashed penalty orders passed in pursuance of block assessment which was barred by li

IT: Block assessment proceedings have no bearing or linkage with penalty orders passed under sections 271D and 271E and, therefore, where in pursuance of block assessment order passed in month of June 2001, penalty orders under sections 271D and 271E were passed on 30-3-2006, Commissioner (Appeals) was justified in setting aside same being barred by limitation in terms of section 275(1)(c)