AO obliged to specify limb of section 271(1)(c) both at the time of initiation and levy of penalty.
December 29, 2018
Income Tax, ITAT
AO is under obligation to specify the limb of section 271(1)(c) at the time of initiation as well as at the time of levy of penalty. ABCAUS Case Law Citation:ABCAUS 2689 (2018) (12) ITAT Important Case Laws Cited/relied upon:CIT Vs. Shri Samson PerincheryCIT Vs. Manjunatha Cotton and …