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2020 (5) TMI 146 - HC - Income TaxPenalty u/s 271(1) (c) - Defective notice - non specification of charge - HELD THAT:- It is apparent that the show-cause notice issued under Section 274 of the Act does not specifically disclose the charge against the Assessee as to whether it is for concealment of particulars of income or furnishing of inaccurate particulars of income, which is sine-quo-non for issuance of show-cause notice and for want of such particulars, the Tribunal set-aside the order of the penalty levied on the Assessee. Questions of law being answered in the case of Manjunatha Cotton and Ginning Factory [2013 (7) TMI 620 - KARNATAKA HIGH COURT] we do not find any reason to entertain the present appeal to answer the questions of law raised by the appellant-Revenue.
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