https://www.taxtmi.com/circulars?id=9385 Orders under the penalty provisions of the Income-tax Act and corresponding Wealth-tax provisions are quasi-judicial and must be speaking orders supported by reasons tied to the facts of each case; Commissioners are instructed to record factual findings and explain the legal basis for invoking those provisions. en-us Tue, 27 Jan 1981 00:00:00 +0530 Sat, 04 Jun 2011 16:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=9385 Orders under the penalty provisions of the Income-tax Act and corresponding Wealth-tax provisions are quasi-judicial and must be speaking orders supported by reasons tied to the facts of each case; Commissioners are instructed to record factual findings and explain the legal basis for invoking those provisions. Circulars Income Tax Tue, 27 Jan 1981 00:00:00 +0530 https://www.taxtmi.com/circulars?id=9385