297 — 297. Certain interests and penalties not to be levied or imposed.
IT Rules
Original Rule Text
297. Certain interests and penalties not to be levied or imposed. — This chunk pertains to exemptions from interest and penalties under specific sections, such as 423, 424, 425, and 439, for an assessee regarding undisclosed income assessed or reassessed during the b... — Rule 297 of IT2025