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Wednesday, May 10, 2017

Time limit for issue of penalty proceeding on issues unrelated to income assessment

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Penalty proceedings initiated U/s 275 on issues unrelated to assessment of income (such as for s. 269SS/ 269T & TDS defaults), time limit runs from date on which the AO wrote a letter to the ACIT recommending the issuance of the SCN.

May 10, 2017 at 07:09AM

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from editor2

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