Failure To Record Satisfaction Before Initiating Penalty U/s

Failure To Record Satisfaction Before Initiating Penalty U/s 271(1)(C) In Gross Violation Of CBDT Circular, Vitiates Penalty Order: Chennai ITAT

The Chennai ITAT clarified that the Assessing Officer has to record his satisfaction before initiating penalty under section 271D of the Income tax Act in respect of violation of the provisions of...

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, Manoj Kumar Aggarwal , Pv Durga Rao , A Sasi Kumar , Judicial Member , Accountant Member , Assessing Officer , Orange Head ,

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