"Date of initiation" for calculating time barring period of Issuing Order for penalty u/s 275

Vivek Jalanpro badge , Last updated: 30 November 2024  
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In terms of Section 275(1)(c) of the Income Tax Act, no order imposing penalty could be passed after the expiry of six months from the end of the month in which the action for imposition of penalties was initiated. The relevant provision is as under - 275. Bar of limitation for imposing penalties

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Published by

Vivek Jalan
(DESIGNATED PARTNER)
Category Income Tax   Report

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