Notice issued by the Assessing Officer u/s 274 r.w.s 271(1)(c) of the Act to be bad in law as it did not specify which limb of section 271(1)(c) of the Act the penalty proceedings had been initiated i.e. whether for concealment of particulars of income or furnishing of inaccurate particulars of income. The issue was decided in favour of the assessee. 13. Considering the facts of thecasein totality, in the light of judicial decisions referred to hereinabove, I set aside the findings of the ld. CIT(A) and direct the Assessing Officer to delete the penalty of Rs. 57,933/-.