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A defect in the notice of not striking the relevant words vitiates the penalty under the Income Tax Act


Last updated: 14 May 2021

Court :
ITAT Pune

Brief :
This appeal by the Revenue is directed against the order passed by the CIT(A)-2, Aurangabad on 13-04-2017 deleting penalty of Rs.2,26,23,440 imposed by the Assessing Officer under section 271(1)(c) of the Income-tax Act, 1961 (hereinafter also called `the Act‟) in relation to the assessment year 2013-14.

Citation :
ITA No.1547/PUN/2017

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