Penalty Upheld for Non-Compliance with Tax Notices u/s 271(1)(b); Highlights Importance of Responding to AO Notices.

Penalty Upheld for Non-Compliance with Tax Notices u/s 271(1)(b); Highlights Importance of Responding to AO Notices. https://www.taxtmi.com/highlights?id=67900 Penalty levied u/s 271(1)(b) - undisclosed investment u/s 69A - ex parte assessment order - We have no hesitation in confirming the penalty levied under section 271(1)(b) for non-compliance of notices before the AO. - AT en-us Wed, 25 Jan 2023 08:30:29 +0530 Wed, 25 Jan 2023 08:30:29 +0530 TaxTMI RSS Generator Penalty Upheld for Non-Compliance with Tax Notices u/s 271(1)(b); Highlights Importance of Responding to AO Notices. https://www.taxtmi.com/highlights?id=67900 Penalty levied u/s 271(1)(b) - undisclosed investment u/s 69A - ex parte assessment order - We have no hesitation in confirming the penalty levied under section 271(1)(b) for non-compliance of notices before the AO. - AT Highlights Income Tax Wed, 25 Jan 2023 08:30:29 +0530 https://www.taxtmi.com/highlights?id=67900