HomeDirect TaxITAT Quashes Rs. 31.65 Lakh Penalty for Defective Notice U/s 271(1)(c)

ITAT Quashes Rs. 31.65 Lakh Penalty for Defective Notice U/s 271(1)(c)

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The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has quashed a penalty of Rs. 31.65 lakh imposed on an assessee for Assessment Year 2014–15, holding that the show-cause notice issued by the Assessing Officer (AO) was legally defective for failing to specify the exact charge under Section 271(1)(c). The Bench of Yogesh Kumar…

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Mariya Paliwala
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

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