Is the ITO discretion not to impose penalty u/s 271 even when tax demand is over Rs.6 crores?
Anil Agrawal (Retired) 16 September 2012
Is the ITO discretion not to impose penalty u/s 271 even when tax demand is over Rs.6 crores?
R RAJAGOPALAN (ADVOCATE) 17 September 2012
It is not the quantum of tax, but the circumastances, that matter.
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