Defect in Notice would invalidate Penalty Proceedings: ITAT

The Jaipur bench of the Income Tax Appellate Tribunal (ITAT) has held that the defect in the notice issued by the income tax department would nullify the entire penalty proceedings against the assessee. A survey under Section 133A of the Income Tax Act was conducted at the business premises of the assessee on 18/03/2008. During […]

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