3 results for “penalty u/s 271”+ Section 92Eclear
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92E. The Assessing Officer has also separately recorded initiation of penalty proceedings under sections 271(1)(c), 271AA and 271BA. 2.5 The computation of income in the assessment order reads as under: (i) income or loss as per return at Rs. (-) 8,900/-, (ii) upward adjustment at Rs.9,09,30,132/-, and (iii) assessed total income at Rs.9