Held that neither Assessment order nor penalty notice specifying whether proceedings initiated for concealment of income or filing inaccurate particulars of income. Penalty is not valid. (AY.2007-08)
Lear Automotive India Pvt. Ltd. v. ACIT (2022)100 ITR 3 (SN) (Pune) (Trib)
S. 271(1)(c) : Penalty-Concealment-Neither Assessment order nor penalty notice specifying whether proceedings initiated for concealment of income or filing inaccurate particulars of income-Penalty is not valid [S. 274]