AO has to satisfy at the time of initiation of penalty ...
AO Must Clarify Penalty Cause in Section 274 Notice: Concealment or Inaccurate Income Disclosure?
January 6, 2017
Case Laws Income Tax AT
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
View Source