Case Law Details
Ecorea & Kuroda Electric India Private Limited Vs DCIT (ITAT Pune)
At the outset the Ld.AR invited our attention to the Notices under section 274 r.w.s. 271(1)(c) of the Act dated 04/05/2017 and 29/06/2017 issued by the AO. The Ld. Authorised Representative(ld.AR) of the assessee explained that the appropriate clause has not been strike out by the AO in the notice. The Ld. Departmental Representative (ld. DR) for the Revenue could not rebut this fact.
It is held that the Penalty Notice is defective, therefore, the penalty levied under section 271(1)(c) of the Act, is not maintainable.
FULL TEXT OF THE ORDER OF ITAT PUNE
This appeal filed by the Assessee is directed against the order of ld.Commissioner of Income-tax(Appeals)-1, Pune’s, order dated 16.09.2019 for the Assessment Year 2014-15, involving proceedings under section 271(1)(c) of the Income Tax Act, 1961. The Assessee has raised the following grounds of appeal:
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