Court :
HC
Brief :
Held by hon"ble court that a plain reading of section 271(1)(c) clearly shows that penalty proceedings under the said section cannot be initiated by the assessing officer without forming his opinion and recording his satisfaction.
Citation :
C.I.T Vs. Auto lamps Ltd.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
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