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Income Tax - Highlights / Catch Notes

Home Highlights November 2013 Year 2013 This

Notice of penalty u/s wrong provision of Act – The standard ...

Case Laws     Income Tax

November 8, 2013

Notice of penalty u/s wrong provision of Act – The standard proforma without striking of the relevant clauses will lead to an inference as to non-application of mind - Penalty should be clear as to the limb for which it is levied and the position being unclear here the penalty is not sustainable - AT

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