| Question And Answer | |
|---|---|
| Subject: | Penalty u/s 271(1) (c) without initiation of proceedings mentioned in the assessment order |
| Category: | Income-Tax |
| Querist: | Amit B Salvi |
| Answered by: | Advocate Shashi Ashok Bekal |
| Tags: | Assessment, initiation of penalty proceedings |
| Date: | May 7, 2023 |
Can Penalty u/s 271(1)(c) be imposed when the the assessment order does not record the initiation of penalty proceedings.Any caselaws on Section271(1B)?
Yes, penalty proceedings cannot be initiated without mentioning the same in the assessment order. refer Mallelil Industries (P.) Ltd. v. NFAC [2022] 139 taxmann.com 7 (Kerala) (HC).
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