Penalty u/s 274 read with Section 270 - Merely because an appeal ...

Case Laws Income Tax

November 10, 2021

Penalty u/s 274 read with Section 270 - Merely because an appeal against the said assessment order is pending consideration, the same is not a reason to defer initiation of proceedings for penalty under Section 270A of the Act. If the contention of the petitioner is accepted, the same will unnecessarily delay the proceeding under Section 270A of the Act which is not contemplated under the scheme of the statute. - HC

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Penalty u/s 274 read with Section 270 - Merely because an appeal ...

Case Laws Income Tax

November 10, 2021

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