penalty dropping

  • Income Tax

AO exceeded jurisdiction in dropping penalty on issues pending in quantum appeal-ITAT

AO exceeded jurisdiction in dropping penalty on issues pending in quantum appeal-ITAT upholds exercise of revisional powers by CIT u/s…

5 years ago
  • Income Tax

Revision order passed against dropping penalty u/s 271(1)(c) after expiry of limitation invalid – ITAT

Revisionary order u/s 263 passed against dropping of penalty u/s 271(1)(c) after the expiry of limitation period as provided u/s…

5 years ago