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2019 (2) TMI 1830 - ITAT KOLKATA
Penalty u/s 271(1)(c) - absence of any specific mention in the show-cause notice - Defective notice - HELD THAT:- As relying on the decision of CIT & Another –vs.- Manjunatha Cotton & Ginning Factory
[2013 (7) TMI 620 - KARNATAKA HIGH COURT] is squarely applicable in the present case and respectfully following the same, we hold that the show-cause notice issued by the Assessing Officer under section 274 for the year under consideration not being in accordance with law, the penalty order passed by the Assessing Officer in pursuance thereof is liable to be cancelled being invalid. We accordingly cancel the penalty imposed by the Assessing Officer under section 271(1)(c) and confirmed by the ld. CIT(Appeals) and allow the appeal of the assessee.