https://www.taxtmi.com/caselaws?id=261640 The Tribunal held that the penalty orders for the assessment years 2004-05 to 2008-09 were invalid due to defective show cause notices issued under Section 274 of the Act. As the notices did not specify the grounds for the penalty, the penalties imposed were canceled. The appeals were allowed solely on this technical ground, and the Tribunal did not delve into the merits of the case. The judgment was pronounced on July 3, 2015. en-us Fri, 03 Jul 2015 00:00:00 +0530 Sat, 07 Nov 2015 17:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261640 The Tribunal held that the penalty orders for the assessment years 2004-05 to 2008-09 were invalid due to defective show cause notices issued under Section 274 of the Act. As the notices did not specify the grounds for the penalty, the penalties imposed were canceled. The appeals were allowed solely on this technical ground, and the Tribunal did not delve into the merits of the case. The judgment was pronounced on July 3, 2015. Case-Laws Income Tax Fri, 03 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261640