K. KRISHNAMURTHY vs. THE DEPUTY COMMISSIONER OF INCOME TAX
Appeal is disposed of with
C.A. No.-002411-002411 - 2025Supreme Court13 Feb 2025
Bench: HON'BLE MR. JUSTICE DIPANKAR DATTA
Section 132Section 139(1)Section 142(1)Section 260A
271-AAA of the Act reads as follows:
“The assessing Officer may, notwithstanding anything contained in
any other provisions of this Act, direct that, in a case where search
has been initiated under section 132 on or after the 1st day of June,
2007 [but before the 1st day of July, 2012], the assessee shall pay by
way of penalty
