#section 271(1)(c)
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1,640 articlesIncome Tax

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Penalty order liable for cancellation if penalty notice do not specify why it is been initiated
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Penalty Notice without Application of Mind by AO is Invalid
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No Penalty U/s. 271(1)(c) if Not specifically mentioned in assessment order as to which limb penalty was imposed
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Invocation of Explanation 7 to Section 271(1)(c) in blanket manner is contrary to purpose for which it was engrafted in statute
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Penalty U/s. 271(1)(c) cannot be imposed for non deduction of TDS
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Penalty U/s. 271(1)(c) not sustainable on failure of AO to strike off inappropriate words in show-cause notice U/s. 274
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Concealment of income & furnishing of inaccurate particulars are distinct and separate charge
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No penalty for addition to Income based on mere credit card A/c entries
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Penalty cannot be imposed for mere disclosure of income due to search operation, instead of original return
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Penalty cannot be imposed U/s. 271(1)(c) in absence of recording of satisfaction by AO
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Penalty cannot be imposed for Bonafide omission during return filing, surfaced during Section 148/148 Assessment
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Imposition of penalty U/s. 271(1)(c) on defective show cause notice without specifying charge against assessee cannot be sustained
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Every wrong claim by assessee cannot tantamount to furnishing of wrong particulars
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