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TMI BlogGeneral provisions relating to determination of taxX X X X Extracts X X X X X X X X Extracts X X X X ..... the period specified in sub-sections (2) and (8) of section 66 or subsections (2) and (8) of section 67, as the case may be. (2) Where any Appellate Authority or Tribunal or Court concludes that the notice issued under sub-section (1) or (3) of section 67 is not sustainable for the reason that the charges of fraud or any wilful mis-statement or suppression of facts to evade tax has not been esta ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... adjourn the hearing for reasons to be recorded in writing: PROVIDED that no such adjournment shall be granted more than three times to a person during the proceeding. (6) The proper officer, in his order, shall set out the relevant facts and the basis of his decision. (7) The amount of tax, interest and penalty demanded in the order shall not be in excess of the amount specified in the noti ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... has given its decision which is prejudicial to the interest of revenue in some other proceedings and an appeal to the Appellate Tribunal or the High Court or the Supreme Court against such decision of the First Appellate Authority or the Appellate Tribunal or as the case may be, the High Court is pending, the period spent between the date of the decision of the First Appellate Authority and the d ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ction 72. Explanation 1.- The expression "all proceedings in respect of the said notice" shall include proceedings under chapter XX. Explanation 2.- Where proceedings against the main noticee liable to pay tax has been concluded under section 66 or 67, the proceedings against all co-noticees liable to pay penalty under sections 85, 86, 89, 90 or 91 in the same proceedings shall be deemed to be ..... X X X X Extracts X X X X X X X X Extracts X X X X
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