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![No Penalty since Notice u/s 274 do not Specify the Charge against Assessee and does not Strike Out the Inappropriate Words: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/12/No-Penalty-Taxscan.jpg "No Penalty since Notice u/s 274 do not Specify the Charge against Assessee and does not Strike Out the Inappropriate Words: ITAT [Read Order]")
No Penalty since Notice u/s 274 do not Specify the Charge against Assessee and does not Strike Out the Inappropriate Words: ITAT [Read Order]
The Kolkata bench of ITAT recently held that penalty cannot be levied since show cause notice issued in the present case under Section 274 of the...