Penalty u/s.271(1)C

[SITARAM AGRAWAL]

Notice Received on 04-10-2011 u/s. 271(1)(c) read with sec.274 calling for explaination on

29-09-2011. Pl explain validity and also the case law.

Thanks

AGRRAWAL S.C.

AI Summary

Validity of Section 271(1)(c) Income Tax Notice Questioned; Lack of Hearing Opportunity May Invalidate Penalties A query was raised regarding the validity of a notice received under section 271(1)(c) of the Income Tax Act, which called for an explanation. A respondent argued that the showcause notice was invalid as it did not provide an opportunity to be heard, making any penalty imposed based on it unsustainable in appeal. Another participant clarified that the response was their personal view as a student of Chartered Accountancy and not from their father. The discussion centered on the procedural validity of the notice and its implications for penalties.