Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2019 (10) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2019 (10) TMI 604 - AT - Income TaxPenalty u/s 271(1)(c) - defective notice - non specification of charge - HELD THAT:- The contents of the notice issued before levy of the penalty which clearly show that A.O. has not mentioned as to for which limb of Section 271(1)(c) penalty proceedings have been initiated i.e., whether for concealment of particulars of income or furnishing of inaccurate particulars of income. The ITAT, Delhi C-Bench in the case of Shri Gulshan Kumar Jhurani, New Delhi vs., ACIT, Circle-37(1), New Delhi [2019 (10) TMI 453 - ITAT DELHI] considering the Judgment of Pr. CIT vs., M/s. Sahara India Life Insurance Company Ltd., [2019 (8) TMI 409 - DELHI HIGH COURT] and M/s. SSA Emerald Meadows reported [2016 (8) TMI 1145 - SC ORDER] set aside the Orders of the authorities below in same circumstances and cancelled the penalty. - Decided in favour of assessee.
|