PCIT v. Times Global Broadcasting Ltd. [2025] 172 taxmann.com 786 (Bom) (HC)

S. 271(1)(c): Penalty-Concealment-Validity of notice-Failure to specify charge-Notice invalid-Order of Tribunal affirmed. [S.260A]

 

 

Where the penalty notice issued under section 271(1)(c) did not specify whether the penalty was proposed for concealment of income or furnishing of inaccurate particulars of income, and the relevant option in the notice was not ticked, the High Court held that the assessee was not given a clear notice of the charge which it was required to meet and, therefore, the penalty notice was invalid. (AY. 2010-11)

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