29 results for “penalty u/s 271”+ Section 197(1)clear
Sorted by relevance
Key Topics
Showing 1–20 of 29 · Page 1 of 2
Bench: Shri Kul Bharat & Shri Manish Boradassessment Year: 2007-08
Section 271(1)(c) was issued without striking either of two charges which is reproduced as : “* have concealed the particulars of your income or …… “furnished inaccurate particulars of income” In this regards it is submitted that the show cause notice is not a mere formality but it has a definite purpose to make the assessee aware of the exact charges