KANHAIYALAL RAMESHWAR DAS,KOTA vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3, JAIPUR

u/s 274 of the Act\nshould specifically state as to whether penalty is being proposed for concealment\nof particulars of income or inaccurate particulars of income. In the present case\nnotice under section 274 dated 25/3/2015 enclosed at paper book page 16 reads\nas under: -\n“Penalty Notice Under Section 274. Read with Section 271

KANHAIYALAL RAMESHWAR DAS,KOTA vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3, JAIPUR

u/s 274 of the Act\nshould specifically state as to whether penalty is being proposed for concealment\nof particulars of income or inaccurate particulars of income. In the present case\nnotice under section 274 dated 25/3/2015 enclosed at paper book page 16 reads\nas under: -\n\"Penalty Notice Under Section 274. Read with Section 271

M/S RAJASTHAN STATE INDUSTRIAL DEVELOPMENT & INVESTMENT CORPORATION LTD.,JAIPUR vs. DCIT, CIRCLE-6, JAIPUR, JAIPUR

In the result, both the appeals of the assessee are allowed as indicated\nhereinabove

u/s 274 r.w.s.271(1)(c) was bad in law, as it did\nnot specify under which limb of section 271(1)(c) penalty

M/S RAJASTHAN STATE INDUSTRIAL DEVELOPMENT AND INVESTMENT CORPORATION LTD.,JAIPUR vs. DCIT, CIRCLE-6, JAIPUR, JAIPUR

In the result, both the appeals of the assessee are allowed as indicated hereinabove

Bench: DR. S. SEETHALAKSHMI (Judicial Member), SHRI GAGAN GOYAL (Accountant Member)

u/s 274 r.w.s. 271(1)(c) was bad in law, as it did not specify under which limb of section 271(1)(c) penalty

RAKESH KUMAR JAIN,JAIPUR vs. DCIT,CIRCLE-2, JAIPUR, JAIPUR

In the result, the appeal filed by the assessee is allowed

Bench: Or At The Time Of Hearing Of The Appeal & / Or Modify Any Of The Above Grounds.

penalty order u/s 271(1)©r.w.s. 274 of the I.T. Act on 18-04-2017 by observing as under:- ‘’05. In view of the totality of the facts and keeping in view the provisions of section

SUPERFINE HOTELS PRIVATE LIMITED,JAIPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-6,, JAIPUR

In the result, appeal of the assessee is partly allowed

u/s 271(1)(c) vide order\ndated 27.03.2022.\n8.1 Before us, the ld. A/R has submitted that in the show cause notice\nissued under section 274 read with section 271 read with section\n271(1)(c) of the IT Act the AO has not specified the ground for initiation\nof penalty