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Income Tax - Highlights / Catch Notes

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Penalty u/s 272(A)(2)(c) - compliance was made after a ...

Income Tax

Penalty u/s 272(A)(2)(c) - compliance was made after a delay of 498 days from the date prescribed in the notice U/s 133(6) to the Branch of PNB abnk - there was only one notice issued, therefore, the penalty can be levied only for noncompliance of the notice once and penalty cannot be levied for the information sought under different codes by the same notice

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