Contested Penalty for Non-Compliance with Notices Dropped as Compliance Deemed Satisfactory u/s 143(3) Proceedings.

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....Penalty u/s. 271(1)(b) - non-compliance of statutory notices - since the order was passed by the AO u/s. 143(3) and not 144 means the subsequent compliance in the assessment proceedings was considered as good compliance and default committed earlier were ignored by AO - No penalty leviable....