M/S NANDLAL KESHARDEO,RANCHI vs. ACIT, CENTRAL CIRCLE (1), RANCHI
In the result, this appeal filed by the assessee is allowed
ITA 15/RAN/2025[2016-2017]Status: DisposedITAT Ranchi12 Nov 2025AY 2016-2017
Bench: Shri George Mathan & Shri Ratnesh Nandan Sahay
Section 132(1)Section 132(4)Section 153ASection 271(1)(c)Section 271ASection 274
penalty u/s 271(1)(c) of the Act for the concealment of income or furnishing of inaccurate particulars of income. Except mentioning the Section 271AAB of the Act in the notice it does not talk anything about the provision of section 271.A.AB. Certainly such notice has a fatal error and technically is not a correct notice in the eyes