https://www.taxtmi.com/caselaws?id=325840 The Tribunal dismissed the Departmental appeals as non-maintainable due to the tax effect being below the prescribed limit. It allowed the assessee's appeals, quashing the penalties under section 271(1)(c) due to lack of specificity in the charges framed by the AO. The Tribunal emphasized the importance of clearly specifying grounds for penalties in upholding natural justice principles. en-us Fri, 18 Mar 2016 00:00:00 +0530 Wed, 30 Mar 2016 10:11:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325840 The Tribunal dismissed the Departmental appeals as non-maintainable due to the tax effect being below the prescribed limit. It allowed the assessee's appeals, quashing the penalties under section 271(1)(c) due to lack of specificity in the charges framed by the AO. The Tribunal emphasized the importance of clearly specifying grounds for penalties in upholding natural justice principles. Case-Laws Income Tax Fri, 18 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325840