GAURAV AJMERA,RATLAM vs. DCIT(CENTRAL)-2, INDORE

Appeal is allowed

5A\nto Section 271(1)(c), it was held by the Karnataka High Court that the show-\ncause notice under Section 274 was defective as it does not spell out the ground\non which the penalty is sought to be imposed and consequently penalty imposed\nwas cancelled. The decision of CIT V/s. Manjunatha Cotton Ginning Factory\n(supra) was further