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2024 (1) TMI 1033

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..... nsider the penalty notice the same shows that without striking off as to which of the part the said notice, the assessee was called on to reply, the notice was issued. The notice does not make it clear if the assessee was called upon to explain for concealment of particulars of income or for furnishing inaccurate particulars of income. As there is substance in the contention of the ld. AR that in .....

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..... un Chanana, Adv., Ms. Ananya Kapoor, Adv. Shri Sumit Lalchandani, Adv. For the Revenue : Ms Meenakshi Dohare, Sr. DR ORDER PER ANUBHAV SHARMA, JM: The appeal is are preferred by the Assessee against the order dated 30.11.2018 of the Commissioner of Income Tax (Appeals)-22, New Delhi, (hereinafter referred to as the Ld. First Appellate Authority or Ld. FAA , for short) in appeal No.87/17-18/CIT(A)- .....

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..... does not make it clear if the assessee was called upon to explain for concealment of particulars of income or for furnishing inaccurate particulars of income. 4. As we take into account the assessment order dated 26.02.2016, it comes up that in regard to disallowances made the AO, he had primarily recorded satisfaction that the assessee has furnished inaccurate particulars of income and, accordin .....

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