https://www.taxtmi.com/highlights?id=37313 Penalty levied u/s.271(1)(c) - Initiation of penalty proceedings in this case done in a general sense and the levy of penalty is done for both the limbs and such orders are bad in law. Usage of expressions like “or” and “and” confirm the ‘ambiguity’ in the mind of AO. - AT en-us Thu, 28 Dec 2017 15:55:29 +0530 Thu, 28 Dec 2017 15:55:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=37313 Penalty levied u/s.271(1)(c) - Initiation of penalty proceedings in this case done in a general sense and the levy of penalty is done for both the limbs and such orders are bad in law. Usage of expressions like “or” and “and” confirm the ‘ambiguity’ in the mind of AO. - AT Highlights Income Tax Thu, 28 Dec 2017 15:55:29 +0530 https://www.taxtmi.com/highlights?id=37313