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Case lawITAT › Rashmi Jalan v ACIT
ITATHelps taxpayers.271AABs.271AAB(1)(a)s.271AAB(1)(c)s.132(4)s.274s.143(3)

Rashmi Jalan v ACIT

The 271AAB notice does not say which clause or what rate. Can the penalty survive?

The 271AAB notice does not say which clause or what rate. Can the penalty survive?

No. Section 271AAB contains clauses (a), (b) and (c) with different conditions and different rates, so an omnibus show-cause notice that names neither the clause nor the rate leaves the assessee unable to know the case to be met and denies a real opportunity under s.274. The Tribunal also held, independently, that the levy had no foundation where no statement was recorded under s.132(4) and the returned income was accepted under s.143(3) without any addition.

Decided by the ITAT (Income Tax Appellate Tribunal, Kolkata Bench — J. Sudhakar Reddy (Accountant Member) and Aby T. Varkey (Judicial Member); ITA No. 326/Kol/2020) on 2020-09-30, reported as (2020) 83 ITR 19 (SN) (Kol.)(Trib.); ITA No. 326/Kol/2020 (AY 2013-14). It bears on section 271AAB, section 271AAB(1)(a), section 271AAB(1)(c), section 132(4), section 274, section 143(3) of the Income Tax Act 1961, in Search, Survey & Block Assessment and Penalty matters.

Read this before you cite it. Tribunal-level authority only, and the Allahabad High Court in CIT v. Sandeep Chandak (SLP dismissed) treats s.271AAB as automatically attracted once undisclosed income is admitted in a s.132(4) statement.
Still good law. A separate search for later treatment shows the defective-notice line has been carried forward — see Laxmi Narayan Agarwal v. ACIT, 2026 TAXSCAN (ITAT) 885 (ITAT Delhi, 4 June 2026, Mahavir Singh VP and S. Rifaur Rahman AM), holding that a s.271AAB notice must clearly specify the applicable clause and deleting the penalty, following Jaina Marketing & Associates v. DCIT. The same search surfaced the contrary High Court current in CIT v. Sandeep Chandak (2018) 405 ITR 648 (All), where the Allahabad High Court held that once the assessee admitted undisclosed income in a s.132(4) statement and specified its derivation, 'the provisions of S.271AAB were automatically attracted', and the assessee's SLP was dismissed. Where this was checked.

Why it matters

It gives two separate routes out of a s.271AAB penalty, and the notice route is jurisdictional, so it can be raised at any stage even if it was not taken before the Assessing Officer or the first appellate authority. The second route matters in the common situation where the search yields nothing, the return is accepted in full, and penalty is nonetheless initiated: if no undisclosed income was found in the search and no s.132(4) statement exists, the statutory foundation is missing.

Binding on the AO and CIT(A) within the Tribunal's jurisdiction. Persuasive elsewhere.

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