Fresh Assessment Order under Income Tax Act passed without Revising Penalty Proceeding: Kerala HC directs to Revise Penalty [Read Order]
The Kerala HC directed to revise the penalty imposed under the Income Tax Act, 1961
By Navasree A.M - On January 10, 2024 7:34 am - 2 mins read
The Kerala High Court directed to revise the penalty imposed under the Income Tax Act, 1961 as a fresh assessment order was passed without revising the penalty proceedings. The Income Tax Appellate Tribunal had modified the assessment orders and remanded the matter to the assessing officer vide order for passing a fresh assessment order. P…
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