In the result, all the appeals of the assessee are allowed
Bench: Shri Rajesh Kumar & Shri Sonjoy Sarma]
271(1)(c ) of the Act on 09.01.2019 to the assessee to explain as to why penalty should not be imposed for furnishing inaccurate particulars of income. It was noted by the AO in the assessment proceedings that the assessee had deposited cash into the bank accounts and the assessee has not maintained proper accounts and accordingly the income