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Income Tax - Highlights / Catch Notes

Home Highlights December 2014 Year 2014 This

Validity of assessment of penalty proceedings - on the date of ...


Penalty Proceedings Invalid: Assessee Acted in Good Faith Based on Transfer Pricing Officer Orders; Penalty Set Aside.

December 2, 2014

Case Laws     Income Tax     AT

Validity of assessment of penalty proceedings - on the date of filing the return for the year under consideration the assessee was having benefit of orders passed by TPO - assessee’s action was in good faith - penalty set aside - AT

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