2. The only issue involved in this appeal is that the CIT(A) erred in
confirming the levy of penalty u/s.271(1)(c) of the Act of Rs.2,58,767/-
made by the Assessing Officer.

3. At the outset, ld Authorised Representative of the assessee filed
before us copy of notice issued u/s.271(1)(c) of the Act dated
29.12.2011, copy of which is placed on record and pointed out therefrom
that in the said notice, the Assessing Officer has stated as under:

“Where in the course of proceedings before me for the assessment
year 2009-2010, it appears to me that you:-

…………….

2

ITA No .458/ CTK/ 2017
Asse ssment Year : 20 09- 201 0

have concealed the particulars of your income or……. furnished
inaccurate particulars of such income.”

Source: IK