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2022 (4) TMI 1120 - AT - Income TaxPenalty imposed u/s. 271(1)(c) - notice issued initiating the penalty proceedings being defective - HELD THAT:- After perusing the notices issued under section 271(1)(c) for all the impugned assessment years, even dt. 21/03/2006, it is apparent that the irrelevant portion having been not struck off by the A.O. in the said notices and the exact charge/s against the assessee as to whether he concealed the particulars of his income or furnishing inaccurate particulars of such income was not clear. As the decision rendered by the Hon'ble Bombay High Court in the case of Mohd. Farhan A. Shaikh [2021 (3) TMI 608 - BOMBAY HIGH COURT] is squarely applicable in the present case and even the Ld. DR has not disputed this aspect of the matter. We, therefore, respectfully following the said decision of the Hon'ble Bombay High Court quash the impugned penalty imposed by the Assessing Officer under section 271(1)(c) - Appeal of assessee allowed.
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