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Income Tax - Highlights / Catch Notes

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Penalty u/s 271(1)(c) - unexplained cash deposits in bank ...


Section 271(1)(c) Penalty Challenged: Notice Deemed Void for Lack of Specific Charge, Violating Natural Justice Principles.

March 21, 2018

Case Laws     Income Tax     AT

Penalty u/s 271(1)(c) - unexplained cash deposits in bank account - validity of notice - absence of specific charge - this would be in utter violation of the principles of natural justice, such notice being null and void ab initio. - AT

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