Penalty u/s 271(1)(c) Invalid Due to Defective Notice Issued u/s 274 Lacking Specificity.

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....Penalty u/s. 271(1)(c) - defective notice u/s 274 - show cause notice issued u/s 274 of the Act does not specify the charge against the assessee as to whether it is for concealing particulars of income or furnishing inaccurate particulars of income. The show cause notice u/s 274 of the Act does not strike out the inappropriate words. - penalty not sustainable....