51 results for “penalty u/s 271”+ Section 2(24)clear
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In the result, assessee’s appeal is ordered to be allowed
Bench: Shri P.K. Bansal & Shri Amarjit Singh
24-06-2013 wherein it was held as under : The relevant operative part of this order reads thus:- "11. When we compare Explanation 5 to section 271(l)(c) of the Act with the provisions laid down u/s 271AAA of the Act we find a lot of similarity therein under which penalty is not attracted in a case of search