Facts of the Case
The assessee was subjected to penalty proceedings under
Section 271(1)(c) following additions made during assessment. The Assessing
Officer initiated penalty for alleged concealment of income or furnishing
inaccurate particulars.
However, the penalty notice issued under Section 274 did not
clearly specify the precise limb of Section 271(1)(c) under which penalty was
proposed. The assessee challenged the penalty on the ground that mandatory
statutory requirements were not complied with.
Issues Involved
- Whether
penalty under Section 271(1)(c) is valid when the notice does not specify
the exact charge.
- Whether
failure to record clear satisfaction in the assessment order invalidates
penalty proceedings.
- Whether
vague penalty notices violate principles of natural justice.
Petitioner’s Arguments (Assessee)
- The
penalty notice was ambiguous and did not clarify whether the allegation
was concealment of income or furnishing inaccurate particulars.
- No
proper satisfaction was recorded in the assessment order regarding the
specific default.
- Such
procedural lapses render the penalty proceedings void ab initio.
- The
assessee was deprived of a meaningful opportunity to defend.
Respondent’s Arguments (Revenue)
- The
additions made during assessment justified initiation of penalty
proceedings.
- The
Assessing Officer had sufficient basis to conclude that the assessee
committed default under Section 271(1)(c).
- Minor
technical defects should not invalidate otherwise justified penalty
action.
Court Order / Findings (ITAT)
- Recording
clear satisfaction regarding the specific default is a mandatory condition
for initiating penalty under Section 271(1)(c).
- A
notice that fails to specify the exact charge is legally defective.
- Such
ambiguity violates statutory requirements and principles of natural
justice.
Important Clarification by the Tribunal
- Penalty
provisions are quasi-criminal in nature and must be strictly construed.
- The
Assessing Officer must clearly indicate whether penalty is for concealment
of income or furnishing inaccurate particulars.
- Defective
notices under Section 274 invalidate the entire penalty proceedings.
- Procedural
safeguards are essential to ensure fairness in tax administration.
Link to download the order –
https://itat.gov.in/public/files/upload/1610534996-15%20Alld%202019%20Lal%20Mani%20Misra.pdf
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