Tax Guru54m
Section 271D Penalty Proceedings Begin with AO’s Reference: Delhi HC Clarifies Limitation Start
The core issue before the High Court was whether the penalty order was time-barred under Section 275 (1) (c) of the Act, which stipulates a limitation period for penalty orders. Property Plus Realtors ...
Tax Guru7m
ITAT Mumbai: Sections 147/148 Apply even if AO not invokes Section 153C; ₹4.89 Cr Addition Upheld Under Section 68
Sections 147/148 remain applicable if AO opts not to invoke Section 153C: ITAT Mumbai upholds addition under Section 68 of ₹4.89 Cr.