https://www.taxtmi.com/highlights?id=66126 CIRP - Validity of penalty proceedings under the Income Tax Act - The Assessment Order of A.Y. 2018-19 year and notice u/s 274 rws 271 AAC(1) of the Income Tax Act, 1961 and the show cause notice u/s 274 rws 270A for A.Y. 2019-20 and notice u/s 274 rws 271 AAC(1) for A.Y. 2019-20 have been initiated in the teeth of provisions of Section 33(5) of IBC and hence is violative of the Code - Tri en-us Wed, 19 Oct 2022 10:34:05 +0530 Wed, 19 Oct 2022 10:34:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=66126 CIRP - Validity of penalty proceedings under the Income Tax Act - The Assessment Order of A.Y. 2018-19 year and notice u/s 274 rws 271 AAC(1) of the Income Tax Act, 1961 and the show cause notice u/s 274 rws 270A for A.Y. 2019-20 and notice u/s 274 rws 271 AAC(1) for A.Y. 2019-20 have been initiated in the teeth of provisions of Section 33(5) of IBC and hence is violative of the Code - Tri Highlights Insolvency and Bankruptcy Wed, 19 Oct 2022 10:34:05 +0530 https://www.taxtmi.com/highlights?id=66126