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Income Tax - Highlights / Catch Notes

Home Highlights December 2014 Year 2014 This

Levy of penalty u/s 271D – it is not legally correct to contend ...

Case Laws     Income Tax

December 1, 2014

Levy of penalty u/s 271D – it is not legally correct to contend that the assessee and its members are one and the same person and the transactions with the members are outside the scope of s. 269SS - AT

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  10. Levy of penalties under various sections - The Appellate Tribunal, in a consolidated order, addressed several appeals concerning penalties imposed under various sections...

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  13. The Appellate Tribunal found that the penalty was initiated u/s. 271DA instead of u/s. 271D, which led to confusion and violated the assessee's right to a fair hearing....

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