AO levied penalty, Assessee contended that as per provisions of Section 275 of Act Assessing Officer was required to pass order within a period of 6 month from date of receipt of order.AO had passed order which was barred by limitation. CIT(A) cancelled levy of penalty. On remand of matter by Tribunal, AO imposed penalty. Assessee contended that the order passed for levy of penalty was barred by limitation. Dismissing the appeal of the assessee the Tribunal   held that from plain reading of S. 275(1)(a) it revealed that the limitation provided under this section reckoned either from date of completion of assessment proceedings or from order of appellate authority received by Chief Commissioner. Therefore, S 275(1)(a) stipulated limitation for levy of penalty initiated in pursuant to assessment proceedings or subsequent appeal order by  CIT(A) or by Tribunal. Accordingly the limitation provided u/s 275(1)(a) was for levy of penalty originally and not in set aside proceedings of levy of penalty u/s 271(1)(a) by appellate authority. (AY. 2005 -06)