https://www.taxtmi.com/caselaws?id=456193 ITAT Pune allowed the assessee's appeal against penalty u/s 270A for furnishing inaccurate income particulars. The AO failed to identify the specific limb of section 270A(9) applicable to the case, either in the penalty order or assessment order. Following precedent in Kishor Digambar Patil, ITAT held that failure to specify which clause (a-f) of section 270A(9) was applicable rendered the penalty proceedings invalid and untenable. The penalty was deleted. en-us Thu, 20 Jul 2023 00:00:00 +0530 Sat, 06 Jul 2024 06:35:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=456193 ITAT Pune allowed the assessee's appeal against penalty u/s 270A for furnishing inaccurate income particulars. The AO failed to identify the specific limb of section 270A(9) applicable to the case, either in the penalty order or assessment order. Following precedent in Kishor Digambar Patil, ITAT held that failure to specify which clause (a-f) of section 270A(9) was applicable rendered the penalty proceedings invalid and untenable. The penalty was deleted. Case-Laws Income Tax Thu, 20 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=456193