https://www.taxtmi.com/caselaws?id=399104 A penalty notice for concealment under the Income-tax Act must clearly specify the exact charge, and the inapplicable limb should be struck off. Where the notice remains vague on whether the allegation is concealment of income or furnishing inaccurate particulars, the assessee is not given a proper opportunity to respond. If the penalty order also proceeds on both limbs, the uncertainty goes to the root of initiation and vitiates the proceedings. On this principle, an ? invalid notice cannot sustain a penalty under section 271(1)(c) read with section 274. en-us Tue, 29 Sep 2020 00:00:00 +0530 Sat, 03 Oct 2020 13:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399104 A penalty notice for concealment under the Income-tax Act must clearly specify the exact charge, and the inapplicable limb should be struck off. Where the notice remains vague on whether the allegation is concealment of income or furnishing inaccurate particulars, the assessee is not given a proper opportunity to respond. If the penalty order also proceeds on both limbs, the uncertainty goes to the root of initiation and vitiates the proceedings. On this principle, an ? invalid notice cannot sustain a penalty under section 271(1)(c) read with section 274. Case-Laws Income Tax Tue, 29 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399104