{"id":45353,"date":"2024-08-16T10:17:03","date_gmt":"2024-08-16T04:47:03","guid":{"rendered":"https:\/\/itatonline.org\/digest\/media-magnetic-cassettes-v-ito-2023108-itr-271-delhi-trib\/"},"modified":"2024-08-16T10:17:03","modified_gmt":"2024-08-16T04:47:03","slug":"media-magnetic-cassettes-v-ito-2023108-itr-271-delhi-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/media-magnetic-cassettes-v-ito-2023108-itr-271-delhi-trib\/","title":{"rendered":"Media Magnetic Cassettes v.ITO (2023)108 ITR 271 (Delhi) (Trib)"},"content":{"rendered":"<p><strong>\u00a0<\/strong><\/p>\n<p>Held, allowing the appeal, that the Assessing Officer had issued the penalty order stating that, \u201cyou have concealed the particulars of income or furnished inaccurate particulars of income\u201d. Since, the Assessing Officer had not specified under section\u00a0274\u00a0as to whether penalty was proposed for alleged \u201dconcealment of income\u201d or \u201dfurnishing of inaccurate particulars of income\u201d, the penalty levied is \u00a0not sustainable.(AY.2011-12)<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 271(1)(c) : Penalty-Concealment-Penalty-Notice not specifying  charge-Notice not valid.[S.273B] <\/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":[21],"tags":[],"class_list":["post-45353","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-bNv","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/45353","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=45353"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/45353\/revisions"}],"predecessor-version":[{"id":45354,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/45353\/revisions\/45354"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=45353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=45353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=45353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}