Penalty Proceedings u/s 271(1)(c) Unclear; Defective Show Cause Notice u/s 274 Means No Penalty Imposed.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Satisfaction for initiation of penalty proceedings u/s.271(1)(c) is not discernible from the order of assessment. - The show cause notice u/s. 274 is also defective - No Penalty - AT....