Case Law Details
Case Name : Ms Kaveri Infrastructure Pvt. Vs DCIT (ITAT Delhi)
Related Assessment Year : 2008-09
Courts :
All ITAT ITAT Delhi
Become a Premium member to Download.
If you are already a Premium member, Login here to access.
Ms Kaveri Infrastructure Pvt. Vs DCIT (ITAT Delhi)
Conclusion: AO was not justified in imposing penalty under section 271(1)(c) on assessee without specifying the grounds in the penalty notice as the same could not be construed as a mere technical error
Held: In the present case, AO imposed penalty under section 271(1)(c) on assessee by issuing notice under section 274 without specifying the grounds on which penalty was imposed, i.e., whether for concealment of income or for furnishing inaccurate particulars. It was held levy of penalty had to be clear as to the limb for which it was levied an...
This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Kindly Refer to
Privacy Policy &
Complete Terms of Use and Disclaimer.
1. APPEAL FILING FEE WITH TRIBUNAL FOR ASSESSED INCOME IS 29 LACS AND PENALTY IS 3 LACS