Thursday, September 27, 2018

AO couldn't initiate penalty proceedings u/s 271AAA without conducting search and seizure on concerned person

IT : Where no search and seizure operation under section 132(1) was carried out in assessee's case, initiation of penalty proceeding under section 271AAA by Assessing Officer was invalid

from www.taxmann.com Latest Case Laws https://ift.tt/2NJyskb
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