Bar of limitation for imposing penalties limits when tax penalty orders may be issued following appeal or revision outcomes. Substitution of section 275 prescribes a time-bound bar on imposing penalties under Chapter XXI where no penalty order may be passed after the expiry of a specified post proceeding period measured from the end of the relevant quarter following completion of connected proceedings, receipt of appellate or revision orders, or issuance of penalty notice. It permits revision of penalty orders to give effect to altered assessments or orders and requires that the assessee be heard before any imposition, enhancement, reduction, cancellation, or dropping of penalty; specified periods (rehearings, court stays) are excluded when computing limitation.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Bar of limitation for imposing penalties limits when tax penalty orders may be issued following appeal or revision outcomes.
Substitution of section 275 prescribes a time-bound bar on imposing penalties under Chapter XXI where no penalty order may be passed after the expiry of a specified post proceeding period measured from the end of the relevant quarter following completion of connected proceedings, receipt of appellate or revision orders, or issuance of penalty notice. It permits revision of penalty orders to give effect to altered assessments or orders and requires that the assessee be heard before any imposition, enhancement, reduction, cancellation, or dropping of penalty; specified periods (rehearings, court stays) are excluded when computing limitation.
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