PADAM KUMAR JAIN,RANCHI vs. DCIT, CENTRAL CIRCLE-1, RANCHI

In the result, all the appeals filed by the assessee are allowed and copy of common order passed is to be placed on respective case files

Bench: Shri Rajesh Kumar & Shri Sonjoy Sarma]

u/s 274 r.w.s. 271(1)(c) by the ld. AO upon the assessee along with the list of case law in support of his argument. He has invited our attention that the relevant penalty notice to point out that the irrelevant portion viz. “furnished inaccurate particulars of income” or “concealed particulars of such income” was not strike