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Income Tax - Highlights / Catch Notes

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Levy of penalty u/s 271(1)(b) - As the assessee has not adduced ...

Case Laws     Income Tax

November 3, 2023

Levy of penalty u/s 271(1)(b) - As the assessee has not adduced any proof or reasons for non-compliance of the statutory notices, which has resulted in exparte assessment order. The assessee neither filed the Return nor responded to the notice - Levy of penalty confirmed - AT

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