TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Penalty orders under Income Tax Act must be issued or revised within six months after relevant proceedings or appellate orders</h1> No penalty order under the Income Tax Act shall be passed after six months from the end of the quarter in which relevant proceedings conclude, or from receipt of appellate or revision orders, depending on the stage of appeal or revision. Penalty orders can be revised based on subsequent appellate or revision outcomes, provided the assessee is given a reasonable opportunity to be heard and the revision occurs within six months from receipt of such orders. Time taken for rehearing opportunities and periods during which penalty proceedings are stayed by court orders are excluded from limitation calculations. These provisions ensure timely imposition, revision, or cancellation of penalties, aligning penalty proceedings with the status of related assessment appeals or revisions.
TaxTMI 
TaxTMI 
