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Income Tax - Highlights / Catch Notes

Home Highlights October 2016 Year 2016 This

Penalty u/s 271(1)(b) - failure to comply with statutory notices ...


No Penalty Imposed for Non-Compliance with Section 142(1) Notices Due to Short Response Time u/s 271(1)(b.

October 17, 2016

Case Laws     Income Tax     AT

Penalty u/s 271(1)(b) - failure to comply with statutory notices issued u/s 142(1) - it is difficult to gather all the required information within a short period i.e 7 to 15 days - No penalty - AT

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