18 results for “penalty u/s 271”+ Section 41(4)clear
Sorted by relevance
Key Topics
In the result, the appeal filed by the assessee, is allowed
u/s 271(1)(c) which has to be met by him. Therefore, considering the observation of the AO in the assessment order alongside his action of non striking off the irrelevant clause in the notice renders the notice non complying with the principles of natural justice and thus deleted the penalty. 27. Again similar issue came up for consideration before