Income-tax Act, 1961 : Order under s. 119(2)(a) : Direction to ITO and IAC not to initiate penalty proceedings under s. 271(1)(a) or 271(1)(c) or 273 in respect of any assessment year up to and including assessment year 1985-86

Income-tax Act, 1961 : Order under s. 119(2)(a) : Direction to ITO and IAC not to initiate penalty proceedings under s. 271(1)(a) or 271(1)(c) or 273 in respect of any assessment year up to and including assessment year 1985-86 https://www.taxtmi.com/circulars?id=4874 Direction that tax officers shall not initiate penalty proceedings for concealment or inaccuracy or related failure penalties for assessment years up to and including 1985-86 where, before detection, the person voluntarily made a full and true disclosure within the specified disclosure window, paid the tax on the disclosed income by the specified cut-off, and cooperated in any assessment enquiry; the order took effect on 17 February 1986. en-us Fri, 14 Feb 1986 00:00:00 +0530 Mon, 04 Aug 2008 13:44:00 +0530 TaxTMI RSS Generator Income-tax Act, 1961 : Order under s. 119(2)(a) : Direction to ITO and IAC not to initiate penalty proceedings under s. 271(1)(a) or 271(1)(c) or 273 in respect of any assessment year up to and including assessment year 1985-86 https://www.taxtmi.com/circulars?id=4874 Direction that tax officers shall not initiate penalty proceedings for concealment or inaccuracy or related failure penalties for assessment years up to and including 1985-86 where, before detection, the person voluntarily made a full and true disclosure within the specified disclosure window, paid the tax on the disclosed income by the specified cut-off, and cooperated in any assessment enquiry; the order took effect on 17 February 1986. Circulars Income Tax Fri, 14 Feb 1986 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4874