Penalty Notice Issued After Deadline Expired; No Action Taken u/s 271(1)(c) of the Income Tax Act.

Penalty Notice Issued After Deadline Expired; No Action Taken u/s 271(1)(c) of the Income Tax Act. https://www.taxtmi.com/highlights?id=14982 Limitation – Notice for penalty u/s 271(1)(c) - the notice under Section 271(1)(c) of the Act was handed over to the counsel on 13.03.1989, and by then, the time available for completion of assessment was already over on 31.03.1988 - no penalty - HC en-us Wed, 09 Oct 2013 08:29:39 +0530 Wed, 09 Oct 2013 08:29:39 +0530 TaxTMI RSS Generator Penalty Notice Issued After Deadline Expired; No Action Taken u/s 271(1)(c) of the Income Tax Act. https://www.taxtmi.com/highlights?id=14982 Limitation – Notice for penalty u/s 271(1)(c) - the notice under Section 271(1)(c) of the Act was handed over to the counsel on 13.03.1989, and by then, the time available for completion of assessment was already over on 31.03.1988 - no penalty - HC Highlights Income Tax Wed, 09 Oct 2013 08:29:39 +0530 https://www.taxtmi.com/highlights?id=14982