https://www.taxtmi.com/highlights?id=53700 Levy of penalty u/s.271(1)(c) - defective notice - it would be too technical and pedantic to take the view that because in the printed notice the inapplicable portion was not struck off, the order of penalty should be set aside even though in the assessment order it was clearly mentioned that penalty proceedings u/s 271(1)(c) of the Act had been initiated separately for furnishing inaccurate particulars of income. - However penalty deleted since the assessee had declared the full facts. en-us Sat, 13 Jun 2020 13:06:48 +0530 Sat, 13 Jun 2020 13:06:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=53700 Levy of penalty u/s.271(1)(c) - defective notice - it would be too technical and pedantic to take the view that because in the printed notice the inapplicable portion was not struck off, the order of penalty should be set aside even though in the assessment order it was clearly mentioned that penalty proceedings u/s 271(1)(c) of the Act had been initiated separately for furnishing inaccurate particulars of income. - However penalty deleted since the assessee had declared the full facts. Highlights Income Tax Sat, 13 Jun 2020 13:06:48 +0530 https://www.taxtmi.com/highlights?id=53700