SCN not specifying Charge under which Penalty is proposed to be levied is void ab initio: ITAT [Read Order]

The Lucknow Bench of Income Tax Appellate Tribunal (ITAT) ruled that the show cause notice not specifying the Charge under which penalty is proposed to be levied, is void ab initio. The revenue has contended that the CIT(A) has erred in law and on facts in deleting the penalty amounting to Rs. 1,00,00,000/- levied u/s […]
http://dlvr.it/SCFCXl