Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2018 (5) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (5) TMI 1605 - AT - Income TaxImposition of penalty u/s 271(1)(c) - Held that:- the show cause notice u/s 274 does not specify the charge against the assessee as to whether it is for concealing particulars of income or furnishing inaccurate particulars of income - show cause notice u/s 274 does not strike out the inappropriate words - thus imposition of penalty cannot be sustained - appeal of revenue is dismissed - Decided in favor of assessee
|