AO has power to levy penalty in a remanded back case even if same wasn’t levied in original assessment: HC

INCOME TAX : Where in exercise of powers under section 263, an assessment order was set aside and remanded back to Assessing Officer, and in such proceedings, if Assessing Officer expresses his satisfaction that penalty proceedings can be initiated, same is within his jurisdiction and authority despite fact that original assessment order does not mention anything about initiating penalty proceedings

from www.taxmann.com Latest Case Laws https://www.taxmann.com/research/direct-tax-laws/top-story/101010000000320173/ao-has-power-to-levy-penalty-in-a-remanded-back-case-even-if-same-wasn’t-levied-in-original-assessment-hc.aspx
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