11 New Penalty RulesThat Affect Assessments for AY 2017-18

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The assessment orders pertaining to assessment year 2017-18 will surely have penalty initiation by the assessing officers. “So what is new ?” you may ask ” This is a routine feature for the department “. Well , the new thing is “the new penalty provisions brought vide Finance Act 2016” which is effective from AY…

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