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2020 (1) TMI 160 - ITAT JAIPUR
Penalty u/s 271(1)(c) - vagueness in the notice u/s 274 - HELD THAT:- Notice issued U/s 274 of the Act and consequent impugned penalty order dated 24/06/2019 is quite vague and does not specify which limb of Section 271(1)(c) of the Act, the penalty proceedings had been initiated and/or imposed i.e. whether for concealment of particulars of income or furnishing inaccurate particulars of income. - Decided in favour of assessee.