https://www.taxtmi.com/highlights?id=51673 Penalty u/s 271(1)(c) - fresh assessment in the remand proceedings - AO not only maintained the earlier income but even the appeal instituted by the appellant against the same was withdrawn by the appellant. In such circumstances, we are unable to agree with the contentions of the appellant that at the stage of making order giving effect to the Order of the Commissioner (Appeals), there was necessity of making a fresh Order or there was a necessity of issuing a fresh notice for initiating the penalty proceedings. en-us Mon, 10 Feb 2020 08:51:03 +0530 Mon, 10 Feb 2020 08:51:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=51673 Penalty u/s 271(1)(c) - fresh assessment in the remand proceedings - AO not only maintained the earlier income but even the appeal instituted by the appellant against the same was withdrawn by the appellant. In such circumstances, we are unable to agree with the contentions of the appellant that at the stage of making order giving effect to the Order of the Commissioner (Appeals), there was necessity of making a fresh Order or there was a necessity of issuing a fresh notice for initiating the penalty proceedings. Highlights Income Tax Mon, 10 Feb 2020 08:51:03 +0530 https://www.taxtmi.com/highlights?id=51673