Hello
Is there any time limit for imposing penalty u/s 272A(2)(e)?????
Please reply
Bharvi Ashokbhai Mehta (-) (31 Points)
15 December 2014Hello
Is there any time limit for imposing penalty u/s 272A(2)(e)?????
Please reply
CA. MUKESH KUMAR
(CHARTERED ACCOUNTANT)
(183 Points)
Replied 21 December 2014
Dear, Practicaly they impose penalty only if case is selected for scrutiny assessment. Section is silent on time limit.
Bharvi Ashokbhai Mehta
(-)
(31 Points)
Replied 02 January 2015
sorry for late reply and thank You so much for your valuable response
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