Initiation of penalty proceedings.

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....ings indicate that the field officers initiate the penalty proceedings in a mechanical manner resulting in creation of infructuous work, harassment to the assessees as well as immense damage to the Department's public image. 2. Before initiating a penal action, the assessing officer has to satisfy himself that there is a prima facie case for doing so. The form of return of income now provides a....

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....u/s.271(1)(a) where the income returned and assessed are at a positive figure and below taxable limit and there is no set off of brought forward losses [F.No.284/4/75-IT(Inv), dated 18-10-75]. 3. With a view to initiating penalty proceedings in smaller cases, the Board have revised their order u/s.119(2) of the act referred to in para 2(a) above w.e.f. 3rd June, 1985. Henceforth proceedings u/s....