Penalty Imposition u/s 11AC Debated; No Provision Found for Penalty Post-Settlement u/s 11D.
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....Demand u/s 11D - Levy of penalty u/s 11AC - There is no provision either in the Act or in the Rule for imposing of penalty, where demand has been paid u/s 11D. - AT....




TaxTMI
TaxTMI