https://www.taxtmi.com/caselaws?id=275048 Penalty under section 271(1)(c) was held unsustainable where the section 274 show-cause notice did not specify whether the charge was concealment of income or furnishing inaccurate particulars of income. Because the notice alleged both limbs without striking off the inapplicable one, the assessee was not given clear notice of the exact basis of the proposed penalty. That defect was treated as going to the root of the proceedings and rendering them legally invalid, so the penalty was cancelled. en-us Wed, 16 May 2018 00:00:00 +0530 Sun, 16 Sep 2018 18:22:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=275048 Penalty under section 271(1)(c) was held unsustainable where the section 274 show-cause notice did not specify whether the charge was concealment of income or furnishing inaccurate particulars of income. Because the notice alleged both limbs without striking off the inapplicable one, the assessee was not given clear notice of the exact basis of the proposed penalty. That defect was treated as going to the root of the proceedings and rendering them legally invalid, so the penalty was cancelled. Case-Laws Income Tax Wed, 16 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=275048