Income Tax penalties: upheld for non-maintenance of books, (1)(c) quashed due to improper notice.

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....Section 271(1)(c) penalty was held invalid due to improper issuance of notice, as no proceedings were pending when the notice was issued on 19.12.2019. Section 271A penalty for failure to maintain books of accounts as per Rule 6F was upheld, as the assessee confirmed non-maintenance of required records. The Appellate Tribunal dismissed the appeal against Section 271A penalty but quashed the Section 271(1)(c) penalty order as invalid and bad in law.....