Penalty Imposed Under Section 271(1)(c) Without Initiation in Assessment Order Is Unlawful and Void
Penalty Imposed Under Section 271(1)(c) Without Initiation in Assessment Order Is Unlawful and Void Issue Whether a penalty imposed under Section 271(1)(c) is legally sustainable when the assessment order recorded satisfaction and initiated penalty proceedings exclusively under Section 271AAC without any direction or initiation under Section 271(1)(c)? Facts Assessment Year: The case pertains to Assessment… Read More »