Penalty u/s 271(1)(c) Invalid if AO Doesn't Specify Concealment or Inaccuracy in Income Tax Cases.

Penalty u/s 271(1)(c) Invalid if AO Doesn't Specify Concealment or Inaccuracy in Income Tax Cases. https://www.taxtmi.com/highlights?id=29134 Penalty u/s 271(1)(c) - Where the AO is not clear whether penalty is levied for concealment of income or furnishing of inaccurate particulars, then such an order suffers from non-application of mind and cannot be upheld in law - AT en-us Tue, 10 May 2016 11:31:36 +0530 Tue, 10 May 2016 11:31:36 +0530 TaxTMI RSS Generator Penalty u/s 271(1)(c) Invalid if AO Doesn't Specify Concealment or Inaccuracy in Income Tax Cases. https://www.taxtmi.com/highlights?id=29134 Penalty u/s 271(1)(c) - Where the AO is not clear whether penalty is levied for concealment of income or furnishing of inaccurate particulars, then such an order suffers from non-application of mind and cannot be upheld in law - AT Highlights Income Tax Tue, 10 May 2016 11:31:36 +0530 https://www.taxtmi.com/highlights?id=29134