-
ITAT DELHI held on Mar 19, 2020 that the notice issued by the AO would be bad in law if it did not specify which limb of Section 271(1)(c) the penalty proceedings had been initiated under i.e. whether for concealment of particulars of income or for furnishing of inaccurate particulars of income. M/S GIRI BUILDWELL PVT LTD. vs. ITO
-
AGRA TRIBUNAL held on 11th Sept 2018 that Merely because certain disallowance of expenses has been made, cannot itself justify imposition of penalty u/s 271(1)(c) of the Act.
-
271(1)(c) Format of Reply to be submitted when Appeal is pending