Table of Contents
o
Principal commissioner / commissioner may reduce / waive
penalty:
o
Waiver
may be suo moto or otherwise:
o
Conditions to be satisfied for waiver / reduction:
o
Deemed case of true disclosure [Explanation to section
273A(1)]:
o
[Section 273A(3)]- Relief available only once in life
lime:
o
Waiver only when application is made by the assessee:
o
Conditions to be satisfied for waiver or reduction:
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