Home › Income-Tax Act › Mohd. Farhan A. Shaikh v. ACIT ( 2021 ) 434 ITR 1/ 200 DTR 65/ 320 CTR 26/ 280 Taxman 334 /125 taxmann.com 253 ( FB ) (Bom) (HC) www.itatonline.org

Mohd. Farhan A. Shaikh v. ACIT ( 2021 ) 434 ITR 1/ 200 DTR 65/ 320 CTR 26/ 280 Taxman 334 /125 taxmann.com 253 ( FB ) (Bom) (HC) www.itatonline.org

S. 271(1)(c) : Penalty – Concealment – Non-striking off of the irrelevant part while issuing notice under section 271(1)(c) of the Income-tax Act,- Order is bad in law – Assessee must be informed of the grounds of the penalty proceedings only through statutory notice. An omnibus notice suffers from the vice of vagueness. [ S.274 ]

While dealing with the issue of non-striking off of the irrelevant part while issuing Notice under section 271(1)(c) of the Income-tax Act, 1961 the Court held that the assessee must be informed of the grounds of the penalty proceedings only through statutory notice. An omnibus notice suffers from the vice of vagueness. CIT v.   Kaushalya  (Smt ) (1995] 216 ITR 660 (Bom)(HC) distinguished Ventura Textiles Ltd. v. CIT [2020] 426 ITR 478 (Bom)(HC) distinguished. Dilip N. Shroff v. JCIT [2007] 291 ITR 519 (SC) followed.  (AY. 2006 -07 , 2007 -08 ) ITA No. 51 & 57 of 2012 dt. 11 – 3 – 2021

 

Editorial:  Followed in Shrivallabh V. Shete v. DCIT ITA No.538-39/PUN/2018 dated May 18, 2021, Vijay Mohan Harde v. ACIT ITA No.588/PUN/2017 dated May 17, 2021, and ACIT v. Shri Vithalrao Rangnathrao Ambarwadikar ITA No.1547/PUN/2017 dated April 26, 2021.