Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2018 (6) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (6) TMI 833 - AT - Income TaxLevy of penalty u/s 271(1)(c) - non specification of charge - non striking of inappropriate words - Held that:- Penalty is deleted by making reliance in case of JEETMAL CHORARIA VERSUS A.C.I.T., CIRCLE-43, [2017 (12) TMI 883 - ITAT, KOLKATA] wherein it is held that show cause notice issued 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 - the show cause notice u/s 274 does not strike out the inappropriate words - in these circumstances, we are of the view that imposition of penalty cannot be sustained - we, therefore, hold that deletion of penalty by the Ld. CIT(A) against the imposition of penalty by the AO in the present case is to be sustained - the order of Ld. CIT(A) is hereby confirmed - Decided against the revenue.
|