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Income Tax - Highlights / Catch Notes

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Penalty u/s. 271(1)(b) - validity of notice - non recording of ...

Income Tax

June 26, 2018

Penalty u/s. 271(1)(b) - validity of notice - non recording of satisfaction - a proposal to initiate penalty proceedings is not equivalent to recording a satisfaction which is the post failure and not with the a preposition “if failed to”.

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