https://www.taxtmi.com/highlights?id=40124 Penalty u/s. 271(1)(b) - validity of notice - non recording of satisfaction - a proposal to initiate penalty proceedings is not equivalent to recording a satisfaction which is the post failure and not with the a preposition “if failed to”. en-us Tue, 26 Jun 2018 15:59:48 +0530 Tue, 26 Jun 2018 15:59:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=40124 Penalty u/s. 271(1)(b) - validity of notice - non recording of satisfaction - a proposal to initiate penalty proceedings is not equivalent to recording a satisfaction which is the post failure and not with the a preposition “if failed to”. Highlights Income Tax Tue, 26 Jun 2018 15:59:48 +0530 https://www.taxtmi.com/highlights?id=40124