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2019 (5) TMI 1321 - ITAT CHENNAIPenalty u/s 271(1)(c) - AO had not struck off the relevant column of the show cause notice - HELD THAT:- AO had not struck off the relevant column of the show cause notice cannot be a valid reason for deletion of the penalty u/s.271(1) (c) of the Act We are of the considered opinion that ld.CIT(A) ought not have deleted the penalty based on the decision of Manjunatha Cotton and Ginning Factory [2013 (7) TMI 620 - KARNATAKA HIGH COURT] and therefore we remand the matter back to the ld. Commissioner of Income Tax (Appeals) for adjudication of the appeal on merits. Appeal of the Revenue is partly allowed for statistical purpose.
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