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Income Tax - Highlights / Catch Notes

Home Highlights November 2012 Year 2012 This

Penalty - the requirement of filing form 24Q was new one for the ...


Penalty for Late Filing of Form 24Q Waived Due to First-Year Filing Requirement and Reasonable Cause.

November 16, 2012

Case Laws     Income Tax     AT

Penalty - the requirement of filing form 24Q was new one for the assessee and as being the first year of filing such return, there was reasonable cause for delay in filing of returns - penalty cancelled - AT

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