Penalty Proceedings u/s 271(1)(c) Quashed Due to Vague Notice Issued by Assessing Officer.

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....Penalty proceedings initiated u/s 271(1)(c) is void ab initio and liable to be quashed as the AO has issued vague notice u/s 274 r.w.s. 271(1)(c) without striking off of irrelevant portion of notice which is a clear case of non application of mind by the AO before initiation of penalty proceedings. - AT....