Case Law Details
Case Name : ITO Vs Shri Bimal Talukdar (ITAT Guwahati)
Related Assessment Year : 2011-12
Courts :
All ITAT ITAT Guwahati
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ITO Vs Shri Bimal Talukdar (ITAT Guwahati)
The issue under consideration is whether the penalty proceeding u/s 271(1)(c) initiated by the AO sustain Under Income Tax Law?
In the present case, the ITAT earlier had allowed the appeal of the assessee and cancelled the penalty levied u/s. 271(1)(c) of the Act by taking note of the invalid notice, since the AO failed to specify the charge by striking down the irrelevant fault/charge i.e. “having concealed the particulars of i
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