{"id":50108,"date":"2025-01-16T20:57:32","date_gmt":"2025-01-16T15:27:32","guid":{"rendered":"https:\/\/itatonline.org\/digest\/district-co-operative-bank-ltd-v-asst-cit-2024110-itr-32-sndelhitrib\/"},"modified":"2025-01-16T20:57:32","modified_gmt":"2025-01-16T15:27:32","slug":"district-co-operative-bank-ltd-v-asst-cit-2024110-itr-32-sndelhitrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/district-co-operative-bank-ltd-v-asst-cit-2024110-itr-32-sndelhitrib\/","title":{"rendered":"District Co-Operative Bank Ltd. v. Asst. CIT (2024)110 ITR 32 (SN)(Delhi)(Trib)"},"content":{"rendered":"<p>Allowing the appeal the Tribunal held that the Assessing Officer did not specify the limb for which the notice under section\u00a0271(1)(c)\u00a0was issued, i. e., whether for concealment of income or for furnishing inaccurate particulars of income. The notice was issued mechanically stating that the assessee had concealed particulars of income or furnished inaccurate particulars of income. The penalty order passed under section\u00a0271(1)(c)\u00a0of the Act by the Assessing Officer was bad in law and liable to be quashed.(AY.2011-12, 2015-16)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 271(1)(c) : Penalty-Concealment-Not specifying the charge&#8211;Failure  to strike off irrelevant portion of notice-Penalty is not sustainable. [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":[21],"tags":[],"class_list":["post-50108","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-d2c","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/50108","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=50108"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/50108\/revisions"}],"predecessor-version":[{"id":50109,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/50108\/revisions\/50109"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=50108"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=50108"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=50108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}