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2019 (5) TMI 296 - AT - Income TaxLevy of penalty u/s 271(1)(c) - non specification of charge - show cause notice before levy of the penalty against the assessee - HELD THAT:- A.O. issued show cause notice dated 30.11.2016 before levy of the penalty against the assessee which is bad in law as it did not specify in which limb of Section 271(1)(c) of the Act, the penalty proceedings had been initiated i.e., whether for concealment of particulars of income or furnishing inaccurate particulars of income. The entire penalty proceedings are, therefore, vitiated and no penalty is leviable. As relying on SSA'S EMERALD MEADOWS [2016 (8) TMI 1145 - SUPREME COURT] the orders of the authorities below are set aside and penalty is cancelled. - Decided in favour of assessee.
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