26 January 2012
Is there any remedy from escape the penalty u/s. 271(1)(c) in the following case? 1. Assessee has not filed return of income 2. He has not replied the any notices issued by the AO in the course of assessment procedings 3. The AO has completed the assessement u/s. 144 4. Assessee has filed appeal to CIT(A) and get relief to some extent 5. Now the AO has imposed the penalty after the order passed by the CIT(A)
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