Bhushan Lal Sawhney v. DCIT (2021) 190 ITD 225 / 91 ITR 565/ 212 TTJ 357/ 203 DTR 249 (Delhi) (Trib.)

S. 271(1)(c) : Penalty-Concealment-Not specifying the specific charge in the notice-Penalty levied was deleted. [S. 274]

Held that prior to levy of penalty in case of assessee, Assessing Officer had not mentioned therein specifically for which limb of section 271(1)(c), penalty proceedings had been initiated i.e., whether for concealment of particulars of income or furnishing inaccurate particulars of such income.  Penalty levied was deleted. (AY. 2006-07 to 2011-12)