stay of demand & penalty u/s 271(1)(C)

what are the latest circulars on stay of demand & what should be done when demand is rejected when appeal is pending before the tribunal

can ao impose penalty u/s 271(1)(c) when appeal is pending before the tribunal & what is the position after dharmendra textiles case

 

Replies (1)
Mr.Atul Kumar Jain Please go through section 275 of Income-tax Act, 1961. You will get clarification. Best Wishes Sathikonda

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