TMI BlogAO Must Clarify Penalty Cause in Section 274 Notice: Concealment or Inaccurate Income Disclosure?AO has to satisfy at the time of initiation of penalty proceeding and issuing notice U/s 274 of the Act that whether penalty is for concealed particulars of income or furnishing of inaccurate particulars of income. - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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