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2017 (4) TMI 1408 - HC - Income TaxPenalty levied u/s. 271(1)(c) - non specification of charge - Held that:- We note that the AO has issued notice to the assessee vide dated 31.03.2000 u/s. 274 read with section 271 without specifying as to whether the assessee has concealed the particulars of its income or furnished inaccurate particulars of such income. We find force in the argument of the Ld. Counsel that without specifying the fault i.e. as to whether the assessee has concealed the particulars of its income or has furnished inaccurate particulars of his income the notice itself is bad in law in the case of SSA’s Emerald Medadow [2016 (8) TMI 1145 - SUPREME COURT] - Decided in favour of assessee
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