https://www.taxtmi.com/circulars?id=52460 Deletion of the proviso to the penalty provision does not remove the right to object to a penalty assessment; the penalty liability and amount remain subject to objection. The objection procedure permits the objection authority to accept objections and to effect relief including remission of penalty. Further, where conditions for entertaining an objection are complied with, the remaining disputed balance shall not be recovered until the objection is finally disposed of, and any deposited amount must be refunded if the objection succeeds. en-us Thu, 19 Sep 2013 00:00:00 +0530 Sun, 22 Sep 2013 12:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=52460 Deletion of the proviso to the penalty provision does not remove the right to object to a penalty assessment; the penalty liability and amount remain subject to objection. The objection procedure permits the objection authority to accept objections and to effect relief including remission of penalty. Further, where conditions for entertaining an objection are complied with, the remaining disputed balance shall not be recovered until the objection is finally disposed of, and any deposited amount must be refunded if the objection succeeds. Circulars VAT - Delhi Thu, 19 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/circulars?id=52460