https://www.taxtmi.com/highlights?id=70381 Validity of notice proposing levy of penalty - mere initiation of penalty proceedings cannot be challenged unless some formal order on the point has been passed in accordance with law. The assessee may challenge the imposition of penalty if so legally advised at appropriate stage. The present appeal is infructuous in effect and substance and thus dismissed in limine. - AT en-us Fri, 16 Jun 2023 10:20:12 +0530 Fri, 16 Jun 2023 10:20:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=70381 Validity of notice proposing levy of penalty - mere initiation of penalty proceedings cannot be challenged unless some formal order on the point has been passed in accordance with law. The assessee may challenge the imposition of penalty if so legally advised at appropriate stage. The present appeal is infructuous in effect and substance and thus dismissed in limine. - AT Highlights Income Tax Fri, 16 Jun 2023 10:20:12 +0530 https://www.taxtmi.com/highlights?id=70381