https://www.taxtmi.com/caselaws?id=328748 The Tribunal found the penalty notices issued by the AO defective for not specifying the exact charge, leading to the cancellation of penalties imposed under Section 271(1)(c) for the assessment years 2005-06 and 2006-07. The appeals of the assessee were allowed, and the penalties were deleted. en-us Fri, 10 Jun 2016 00:00:00 +0530 Mon, 13 Jun 2016 13:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328748 The Tribunal found the penalty notices issued by the AO defective for not specifying the exact charge, leading to the cancellation of penalties imposed under Section 271(1)(c) for the assessment years 2005-06 and 2006-07. The appeals of the assessee were allowed, and the penalties were deleted. Case-Laws Income Tax Fri, 10 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328748