2017 (4) TMI 1408

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....upriya Biswas, DR O R D E R PER Bench: All these appeals filed by the assessee are arising out of common order of Commissioner of Income-tax(Appeal)-1, Patna dated 17-06-2014 for AYs 1988-89 to 1991-92 against the penalty levied u/s. 271(1)(c) of the Income-tax Act, 1961 (hereinafter referred to as the "Act"). 2. At the outset itself, the Ld. Counsel for the assessee pointed out that the no....

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....s of his income. So, the Tribunal held that the said notice without specifying the fault u/s. 271(1)(c) of the Act the notice is bad in law, which order of the Tribunal was upheld by the Hon'ble Karnataka High Court and later on the Hon'ble Supreme Court dismissed the appeal of the revenue in CC No.11485/2016 vide order dated 23.11.2015. Therefore, according to the Ld. Counsel, since the notice it....