Income-tax Act, 1961 : Order under s. 119(2)(a) : Direction to ITO and IAC not to initiate penalty proceedings under s. 271(1)(a) or 271(1)(c) or 273 in respect of any assessment year up to and including assessment year 1985-86

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..... under s. 271(1)(a) or 271(1)(c) or 273 in respect of any assessment year up to and including assessment year 1985-86 Circular No.Nil Dated 14/2/1986 ORDER In exercise of the powers confered by clause (a) of sub-section (2) of section 119 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby directs that the Income-tax Officer and the Inspecting Assistan .....

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..... , paid the tax on the income disclosed; and (c) has co-operated in any enquiry relating to the assessment of his income. 2. This order shall come into force on the 17th day of February, 1986. (Sd.) S.K. Roy, Member (Investigation) Central Board of Direct Taxes. [F.No. 281/8/86-I.T.(INV.III)] - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management Indi .....

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