{"id":3972,"date":"2019-02-17T09:20:37","date_gmt":"2019-02-17T09:20:37","guid":{"rendered":"http:\/\/itatonline.org\/digest\/kesar-realty-pvt-ltd-v-dcit-mum-trib-ur-kesar-housing-and-development-co-v-dcit-mumtrib-ur\/"},"modified":"2019-02-18T11:54:21","modified_gmt":"2019-02-18T11:54:21","slug":"kesar-realty-pvt-ltd-v-dcit-mum-trib-ur-kesar-housing-and-development-co-v-dcit-mumtrib-ur","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/kesar-realty-pvt-ltd-v-dcit-mum-trib-ur-kesar-housing-and-development-co-v-dcit-mumtrib-ur\/","title":{"rendered":"Kesar Realty Pvt Ltd v. DCIT (Mum) (Trib) (UR) Kesar Housing and Development Co v .DCIT (Mum)(Trib) (UR)."},"content":{"rendered":"<p>Allowing the appeal of the assesse the Tribunal held that initiation of penalty on one ground and levy of penalty on another ground \u00a0is impermissible in law. The AO had issued a notice u\/s 271(1)(c) on the grounds of \u2018furnishing inaccurate particulars of income\u2019. The penalty order passed by the AO was on the grounds of \u2018concealing particulars of income\u2019. This was impermissible in law. Followed CIT v \u00a0Samson Perinchery \u00a0(.2017)\u00a0\u00a0) 392 ITR 4 ( Bom) (HC) \u00a0Tata Communications Ltd v DCIT in ITA. No. 3108\/M\/2016 dt 21\/02\/2018. ( Mum) (Trib) (ITA.No. 515\/Mum\/2016\/514 &amp; 513 dt 19.12.2018)<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/drive.google.com\/open?id=1LQqwxZhrGF5SKN8Kz8NDHcd_tbDU0TZv\"><strong>[Click here to download PDF file<\/strong><strong>]<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 271(1) (c ): Penalty \u2013Concealment \u2013  Charge is not specified  &#8211; Inaccurate particulars of income \u2013 Levy of penalty on concealing particulars of income-Levy of penalty is held to be  void ab initio-  Explanation 5A  . [S.153C, 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-3972","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-124","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3972","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=3972"}],"version-history":[{"count":3,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3972\/revisions"}],"predecessor-version":[{"id":3988,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3972\/revisions\/3988"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=3972"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=3972"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=3972"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}