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Income Tax - Highlights / Catch Notes

Home Highlights May 2020 Year 2020 This

Penalty u/s 271(1)(C) - Notice issued by the Assessing Officer ...

Case Laws     Income Tax

May 14, 2020

Penalty u/s 271(1)(C) - Notice issued by the Assessing Officer u/s 274 r.w.s 271(1)(c) of the Act to be bad in law as it did not specify which limb of section 271(1)(c) of the Act the penalty proceedings had been initiated i.e. whether for concealment of particulars of income or furnishing of inaccurate particulars of income.

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