1992 (9) TMI 73

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..... n the circumstances of the case, the Tribunal was correct in law in holding that the Inspecting Assistant Commissioner had no jurisdiction to pass the order of penalty on the date on which it was passed ? " Undisputedly, reference in penalty proceedings was made to the Inspecting Assistant Commissioner by the Income-tax Officer when the jurisdiction was vested in him. It is said that, by virtue .....

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