https://www.taxtmi.com/caselaws?id=271996 The Tribunal allowed the appeals of the assessee, holding that the penalty imposed under Section 271(1)(c) could not be sustained due to the defective show cause notice under Section 274. The orders imposing penalty were cancelled, and the appeals were allowed. The Tribunal did not address other arguments on the merits of the penalty orders, as the defect in the show cause notice was sufficient to decide the matter. en-us Fri, 15 Jan 2016 00:00:00 +0530 Wed, 24 Feb 2016 07:43:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271996 The Tribunal allowed the appeals of the assessee, holding that the penalty imposed under Section 271(1)(c) could not be sustained due to the defective show cause notice under Section 274. The orders imposing penalty were cancelled, and the appeals were allowed. The Tribunal did not address other arguments on the merits of the penalty orders, as the defect in the show cause notice was sufficient to decide the matter. Case-Laws Income Tax Fri, 15 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271996