https://www.taxtmi.com/highlights?id=45204 Levy of penalty u/s. 271(1)(c) - Addition of LTCG - Assessing Officer while recording satisfaction has invoked both the charges of section 271(1)(c) - ambiguity and vagueness in the mind of Assessing Officer while recording satisfaction - at the time of levy of penalty, the Assessing Officer stick to only one charge i.e. concealment of income - penalty deleted en-us Mon, 18 Mar 2019 08:56:39 +0530 Mon, 18 Mar 2019 08:56:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=45204 Levy of penalty u/s. 271(1)(c) - Addition of LTCG - Assessing Officer while recording satisfaction has invoked both the charges of section 271(1)(c) - ambiguity and vagueness in the mind of Assessing Officer while recording satisfaction - at the time of levy of penalty, the Assessing Officer stick to only one charge i.e. concealment of income - penalty deleted Highlights Income Tax Mon, 18 Mar 2019 08:56:39 +0530 https://www.taxtmi.com/highlights?id=45204