Bench: The Ld. Cit(A), This Penalty Was Deleted But, As Has Been Pointed Out By The Ld. Ar, The Impugned Order Is Passed In The Name Of Dudheshwar Nath Singh, Sunil Bhawan, Punai Chak, Patna – 800023 (Status Of “Individual”).
271(1)(c) by not specifying the nature of default i.e. penalty proceedings are being initiated for furnishing of inaccurate particulars or for concealment of income makes the penalty order liable to be cancelled. In deciding the issue the Ld. CIT(A) has failed to appreciate that it was just a clerical error or omission which is protected u/s 292B