https://www.taxtmi.com/caselaws?id=56961 The Tribunal partly allowed the five cross-objections for statistical purposes only, upholding the Commissioner (Appeals)'s decision regarding the limitation and initiation of penalty proceedings under section 272A(2)(a) of the Income-tax Act, 1961. The judgment clarified the distinct nature of penalties under this section, emphasizing that they are not subject to specific limitations and are initiated during the completion of proceedings, not at the time of enquiry by the ITO. en-us Mon, 21 Jan 1985 00:00:00 +0530 Tue, 07 Dec 2010 15:24:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56961 The Tribunal partly allowed the five cross-objections for statistical purposes only, upholding the Commissioner (Appeals)'s decision regarding the limitation and initiation of penalty proceedings under section 272A(2)(a) of the Income-tax Act, 1961. The judgment clarified the distinct nature of penalties under this section, emphasizing that they are not subject to specific limitations and are initiated during the completion of proceedings, not at the time of enquiry by the ITO. Case-Laws Income Tax Mon, 21 Jan 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56961