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2019 (9) TMI 1006 - AT - Income TaxPenalty u/s 271(1)(c) - defective notice - non-striking of the irrelevant portion in the show-cause notice - HELD THAT:- Show cause notice, which has not specified the charge and limb under which the penalty is proposed to be levied, is void ab initio and the consequent penalty imposed on the basis of such notice is, therefore, illegal and bad in law and liable to be deleted. We, therefore, direct deletion of the penalty. See SRI CHANDRA PRAKASH BUBNA [2015 (5) TMI 1096 - ITAT KOLKATA] and M/S MANJUNATHA COTTON AND GINNING FACTORY & OTHS., M/S. V.S. LAD & SONS, [2013 (7) TMI 620 - KARNATAKA HIGH COURT] - Decided in favour of assessee.
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