Objective characteristics govern magnesium bis-glycinate chelate classification as an amino-acid coordination compound, not a food preparation or anti...
Independent professional certification requires pleaded knowledge or complicity for criminal liability; untimely complaints remain barred by limitatio...
Absence of recorded satisfaction in the assessment order for initiating penalty proceedings rendered penalty under section 271E unsustainable, where the assessment under section 143(3) accepted the returned income and contained no finding of violation of section 269T. Applying CIT v. Jai Laxmi Rice Mills, the Tribunal held that penalty proceedings cannot survive without such satisfaction in the assessment order and directed deletion of the penalty.
Absence of recorded satisfaction in the assessment order for initiating penalty proceedings rendered penalty under section 271E unsustainable, where the assessment under section 143(3) accepted the returned income and contained no finding of violation of section 269T. Applying CIT v. Jai Laxmi Rice Mills, the Tribunal held that penalty proceedings cannot survive without such satisfaction in the assessment order and directed deletion of the penalty.
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