https://www.taxtmi.com/highlights?id=71215 Penalty u/s 271I - Penalty for failure to furnish information or furnishing inaccurate information u/s 195 - The amendment though came into effect from 16th December 2015, but it is a settled law that if a statute is curative or merely declaratory of the previous law, retrospective operation is generally intended. - Order of CIT(A) deleting the penalty sustained - AT en-us Mon, 31 Jul 2023 06:52:23 +0530 Mon, 31 Jul 2023 06:52:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=71215 Penalty u/s 271I - Penalty for failure to furnish information or furnishing inaccurate information u/s 195 - The amendment though came into effect from 16th December 2015, but it is a settled law that if a statute is curative or merely declaratory of the previous law, retrospective operation is generally intended. - Order of CIT(A) deleting the penalty sustained - AT Highlights Income Tax Mon, 31 Jul 2023 06:52:23 +0530 https://www.taxtmi.com/highlights?id=71215