Penalty u/s. 271(1)(c) - cash deposit - defective notice - ...
Penalty Notice for Cash Deposit Lacks Specifics; Natural Justice Upheld; Defect Curable u/ss 292B & 29BB.
May 9, 2019
Case Laws Income Tax AT
Penalty u/s. 271(1)(c) - cash deposit - defective notice - notice is stereo typed printed notice in which either of the clauses as to whether penalty was invoked for furnishing of inaccurate particulars of income or for concealment of income was not struck off - Principles of natural justice were adhered to by Revenue - it is a curable defect within meaning of Section 292B and 29BB
View Source