High Court Confirms ITO's Authority to Initiate Penalty Proceedings u/s 271(1)(c) With DCIT Approval Needed.

High Court Confirms ITO's Authority to Initiate Penalty Proceedings u/s 271(1)(c) With DCIT Approval Needed. https://www.taxtmi.com/highlights?id=15782 Penalty u/s 271(1)(c) - Previous approval of DCIT - The restrictions placed 271(1)(iii) cannot be interpreted in a manner to curtail the jurisdiction on the ITO, not to initiate proceedings - HC en-us Thu, 14 Nov 2013 23:00:03 +0530 Thu, 14 Nov 2013 23:00:03 +0530 TaxTMI RSS Generator High Court Confirms ITO's Authority to Initiate Penalty Proceedings u/s 271(1)(c) With DCIT Approval Needed. https://www.taxtmi.com/highlights?id=15782 Penalty u/s 271(1)(c) - Previous approval of DCIT - The restrictions placed 271(1)(iii) cannot be interpreted in a manner to curtail the jurisdiction on the ITO, not to initiate proceedings - HC Highlights Income Tax Thu, 14 Nov 2013 23:00:03 +0530 https://www.taxtmi.com/highlights?id=15782