General Format SCN Without Specific Charge Cannot Sustain 271(1)(c) Penalty

DCIT Vs Honeywell Automation India Ltd. (ITAT Pune) Defective 271(1)(c) Notice Fatal -Penalty Notices Without Specific Charge Invalid -General Format SCN Not Sustainable Pune Tribunal considered the validity of penalty u/s 271(1)(c) imposed through a standard-format notice without striking off the inapplicable limb. Assessee, engaged in automation systems, was assessed u/s 143(3) r.w.s. 144C(13) wherein additions were made for TP adjustment, denial of 10A/10AA relief, interest on refund & mismatch with Form 26AS. Penalty proceedings u/s 271(1)(c) were initiated through notices dated 30.01....