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Income Tax - Highlights / Catch Notes

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Rectification of mistake - levy of penalty u/s 271(1)(c) - when, ...

Income Tax

January 27, 2020

Rectification of mistake - levy of penalty u/s 271(1)(c) - when, the quantum appeal is pending before the lower authorities, disposing of penalty appeal on the same issues on which penalty has been levied would constitute a mistake apparent on record.

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