Request for Rationalisation of Section 270AA Penalty Provisions By Anand Gupta TaxGuru

Request for Rationalisation of Section 270AA Penalty Provisions A reasonable leniency may be exercised by the AOs to allow the Taxpayer’s who have paid the tax and interest beyond the time limit specified in the demand notice issued u/s 156 to accept the application and grant immunity u/s 270AA.

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