Initiation of penalty proceedings - CIT u/s 263 ordered non ...
CIT's Section 263 Order Doesn't Prevent AO from Initiating Penalty Proceedings Based on Case Facts.
July 6, 2013
Case Laws Income Tax HC
Initiation of penalty proceedings - CIT u/s 263 ordered non initiation of penalty proceedings - it does not mean that the hands of the AO is tied on invoking the provisions under the Act, which, otherwise, would be applicable to the facts of the case - HC
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