CORPORATE & OTHER LAWS UPDATE DECEMBER 2, 2015
Corporate and Professional Update December 2, 2015 Direct Taxes: Penalty under Section 271(1)(c) – AO has not specified the relevant portion of the clause (c) of the notice under Section 274 rws 271 of the Act for initiating penalty proceedings under Section 271(1)(c) – Notice is invalid- (Joint Commissioner of Income Tax, LTU, Bangalore Versus M/s. State …