2018 (11) TMI 1796

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....SENIOR ADVOCATE ALONG WITH M.LAVA, ADVOCATE For the Respondent : SRI K.V. ARAVIND, ADVOCATE JUDGMENT This appeal was admitted on 19-10-2010 to consider the following substantial questions of law:- "1. Whether the Tribunal was justified in law in holding that the Assessing Officer has recorded the satisfaction for initiating the penalty proceedings on the facts and circumstance of the case ? ....

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.... question of law is framed for consideration in these appeals:- "Whether the notice issued under Section 274 read with Section 271(1)(c) is valid and sustainable in law?" Learned counsels have addressed their arguments on the above question of law. We have heard learned counsels. It is contended that the substantial question of law is covered by the Judgment of this Court in the case of COMMISS....