Part of: Section 249 — , grant immunity from imposition of penalty under section 270A and initiation of proceedings
(4) The Assessing Officer shall, within a period of one month from the end of the month in which the application under sub -section ( 1) is received , pass an order accepting or rejecting such application: Provided that no order rejecting the application shall be passed unless the assessee has been given an opportunity of being heard.