2020 (2) TMI 1304

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....lty imposed in pursuance of such defective notice is not sustainable in law. A copy of the said notice issued by the A.O. issued u/s 274 r.w.s. 271 of the Act, dt. 23/12/2010, is placed on record and is extracted for ready reference:- 3.1. The irrelevant portion have not been struck off by the A.O. in the notice. The exact charge/s against the assessee as to whether he concealed the particulars of his income or furnished inaccurate particulars of such income is not clear. It is not clear whether the notice was issued for levy of penalty for failure to comply with a notice u/s 142(1)/143(2) of the Income Tax Act, 1961. While the notice appears to be for furnishing inaccurate particular of income the penalty was levied for concealment of income. 3.2. The Hon'ble Jurisdictional High Court in the case of Pr. CIT vs. Dr. Murari Mohan Koley in ITAT No. 306 of 2017, G.A. No. 2968 of 2017, judgment dt. 18th July, 2018, held as follows:- "10. The ld. Counsel for the assessee drew our attention to the decision of the Hon'ble Karnataka High Court in the case of CIT vs. SSA's Emerald Meadows in ITA No.380 of 2015 dated 23.11.2015 wherein the Hon'ble Karnataka High Co....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ure. The reason why the penalty order was not sustained by the Tribunal appears from the passages of the decision of the Tribunal quoted earlier in this judgement. We find that there was no specific charge against the assessee in the notice. Revenue has missed out their opportunity to subject the assessee to the penalty proceeding by not issuing a proper notice. No specific case has been made out by the Revenue as to why the matter should be remanded except that the assessee had not participated properly in the assessment proceedings but for that reason best judgment assessment has been made and the income, which had escaped assessment has been added to the income of the assessee. It was incumbent upon the Revenue to make out a specific case for imposition of penalty, on which count the Revenue has failed. Under such circumstances, we do not find any reason to interfere with the Tribunal's order. The Tribunal's order does not suffer from any error of law. No substantial question of law is involved in this appeal. Hence, the same is dismissed. Hence, stay petition is also dismissed. There shall be no order as to costs. 4. The proposition of law laid down....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ी थी या जो आपको पारा 159(1) के अधीन या आयकर अधिनियम, 1961 की धारा 139(2)/148 के अवीन दी गई सूचना सं. 'अनुसार दाखिल करनी थी अथवा उचित कारण के बिना आपने दिए गए तनय के अन्दर और उक्त धारा 139(J) या इस प्रकार की सूचना द्वारा अपेक्षित रीति से विवरणी नहीं दी है। à¤....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....°à¥‡ कार्यालय में उपस्थित हो और कारण बताए कि आयकर अधिनियम 1961 की धारा 271 के अधीन आप पर दण्ड लगाने का आदेश क्यों न दिया जाए। यदि आप स्वयं उपस्थित होकर या अधिकृत प्रतिनिधि द्वारा सुनवाई के लिए दिए गए अवतर का लाभ नहीं उठाना चाहते तो उक्त तार....