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Income-tax Act, 1961 : Order under s. 119(2)(a) : Direction to ITO and IAC not to initiate penalty proceedings under s. 271(1)(a) or 271(1)(c) or 273 in respect of any assessment year up to and including assessment year 1985-86
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....1(1)(a) or 271(1)(c) or 273 in respect of any assessment year up to and including assessment year 1985-86 Circular No.Nil Dated 14/2/1986 ORDER In exercise of the powers confered by clause (a) of sub-section (2) of section 119 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby directs that the Income-tax Officer and the Inspecting Assistant Commissioner of Incom....