6 results for “penalty u/s 271”+ Section 41(4)clear
Sorted by relevance
Key Topics
Bench: Shri B. R. Baskaran & Dr. S. Seethalakshmi
sections. This ground of appeal is accordingly dismissed Ground No.6 Initiation of penalty proceedings 12 In this ground of appeal, the assessee has disputed the action of the AO in initiating penalty proceedings u/s 271(1)(c) of the Act. This ground of appeal does not have any merit, as no prejudice is caused to the assessee on mere initiation