Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2007 (7) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2007 (7) TMI 179 - HC - Income TaxSection 275 prescribes the period of limitation for making a penalty order - the period is 2 years from the date of completion of the proceedings in the course of which the proceedings for the imposition of penalty have been commenced - In present case penalty proceedings were initiated on 16th January, 1989, so proceedings would be treated to have been started on 16.1.89 & 2 years period would come to an end of the same on 31.3.91 - penalty order passed on 23.10.90 is well with in limitation
|