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Income Tax - Highlights / Catch Notes

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Penalty levied u/s 271E - period of limitation - The order of ...


Limitation Period for Penalty u/s 271E: Case Falls Under Clause (c) of Section 275(1) of Income Tax Act.

May 28, 2018

Case Laws     Income Tax     AT

Penalty levied u/s 271E - period of limitation - The order of reassessment was not subject matter of revision proceedings u/s 263 or 264 of the Act. Hence the assessee’s case squarely falls under clause (c ) of section 275(1).

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