The Tax Publishers2019 TaxPub(DT) 4087 (Del-Trib)

INCOME TAX ACT, 1961

Section 271(1)(c)

Show cause notice under section 274 read with 271(1)(c) not specifying particular charge of offence was in violation of principles of natural justice and accordingly, penalty levied on the basis of such defective notice could not be sustained.

Penalty under section 271(1)(c) - Concealment or furnishing of inaccurate particulars - Leviability - Defective notice

Assessee challenged penalty levied by AO under section 271(1)(c) on the ground that AO issued show-cause notice issued under section 274 read with section 271(1)(c) did not specify particular charge against assessee as to whether it was for concealing particulars of income or for furnishing inaccurate particulars of income.Held: Show cause notice under section 274 read with 271(1)(c) not specifying particular charge of offence was in violation of principles of natural justice and accordingly, penalty levied on the basis of such defective notice could not be sustained.

Relied:SSA 'S Emerald Meadows (2016) 242 Taxman 180 (SC) : 2016 TaxPub(DT) 4242 (SC), Manjunatha Cotton & Ginning Factory (2014) 359 ITR 565 : 2014 TaxPub(DT) 0202 (Karn-HC) and Sahiwal Investment & Trading Co. [ITA No. 4913/Del/2015 dt. 18-7-2018] : 2018 TaxPub(DT) 4723 (Del-Trib).

REFERRED :

FAVOUR : In assessee's favour.

A.Y. : 2008-09 to 2011-12



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