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Income Tax - Highlights / Catch Notes

Home Highlights October 2013 Year 2013 This

Power to reduce or waive penalty under section 273A - if the ...

Income Tax

October 31, 2013

Power to reduce or waive penalty under section 273A - if the Commissioner while exercising power under Section 273-A of the Act places sole reliance upon grounds that led to imposition of penalty and interest, such an exercise of power, would in essence, be contrary to power conferred by Section 273-A - HC

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