Penalty u/s. 271(1)(b) - validity of notice - non recording of ...
Penalty u/s 271(1)(b) Requires Valid Authority Satisfaction, Not Just a Proposal to Initiate Proceedings.
June 26, 2018
Case Laws Income Tax AT
Penalty u/s. 271(1)(b) - validity of notice - non recording of satisfaction - a proposal to initiate penalty proceedings is not equivalent to recording a satisfaction which is the post failure and not with the a preposition “if failed to”.
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