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2019 (7) TMI 1035 - AT - Income TaxPenalty u/sec. 271(1)(c) - Defective notice - non-striking of the irrelevant portion of the notice issued u/sec. 274 case of the assessee was selected for scrutiny and assessment is completed under section 143(3) - HELD THAT:- It is not clear whether AO has initiated penalty proceedings for concealment of particulars of income or for furnished inaccurate particulars. Therefore, the notice issued by the Assessing Officer is a vague notice and is liable to be quashed in the light of the decision of the Hon'ble High Court of Telangana & A.P. in the case of Smt. Baisetty Revathi [2017 (7) TMI 776 - ANDHRA PRADESH HIGH COURT] and SSA‟s Emerald Meadows [2016 (8) TMI 1145 - SC ORDER] has considered the validity of notice by following the above referred to judgments and held that notice issued by the Assessing Officer is not a valid notice and accordingly quashed - Decided in favour of assessee
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