{"id":11054,"date":"2020-04-02T07:39:16","date_gmt":"2020-04-02T07:39:16","guid":{"rendered":"http:\/\/itatonline.org\/digest\/dibyajyoti-chemicals-p-ltd-v-dy-cit-2020-77-itr-40-sn-cuttack-trib\/"},"modified":"2020-04-02T07:39:16","modified_gmt":"2020-04-02T07:39:16","slug":"dibyajyoti-chemicals-p-ltd-v-dy-cit-2020-77-itr-40-sn-cuttack-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/dibyajyoti-chemicals-p-ltd-v-dy-cit-2020-77-itr-40-sn-cuttack-trib\/","title":{"rendered":"Dibyajyoti Chemicals P. Ltd. v. Dy.CIT (2020) 77 ITR 40 (SN) (Cuttack) (Trib.)"},"content":{"rendered":"<p>The AO levied \u00a0penalty which was confirmed by the CIT(A) On appeal the Tribunal held that\u00a0 notices under S. \u00a0274\u00a0read with S. \u00a0271(1)(c)\u00a0issued to the assessee showed the inapplicable words in the notice had not been struck out. Even the last line of the notice only spoke of S. \u00a0271\u00a0and did not mention of S. \u00a0271(1)(c). The penalty order was based on furnishing of inaccurate particulars but the notice did not specify exactly under which limb the penalty under S. \u00a0271(1)(c)\u00a0had been initiated. The AO was \u00a0not sure under which limb of provisions of S. \u00a0271\u00a0the assessee was liable for penalty. The penalty levied under S. \u00a0271(1)(c)\u00a0was not sustainable. \u00a0(AY.2011-12)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 271(1)(c) : Penalty\u2013Concealment-Inapplicable words in notice not struck off-Penalty order not specifying exactly under which limb penalty is  levied-Penalty is held to be  unjustified.  [S. 274]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-11054","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-2Si","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/11054","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=11054"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/11054\/revisions"}],"predecessor-version":[{"id":11055,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/11054\/revisions\/11055"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=11054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=11054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=11054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}