TMI BlogHigh Court Confirms ITO's Authority to Initiate Penalty Proceedings u/s 271(1)(c) With DCIT Approval Needed.Penalty u/s 271(1)(c) - Previous approval of DCIT - The restrictions placed 271(1)(iii) cannot be interpreted in a manner to curtail the jurisdiction on the ITO, not to initiate proceedings - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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