https://www.taxtmi.com/caselaws?id=187667 The Tribunal upheld the Commissioner of Income Tax (Appeals)'s decision to delete the penalty imposed under Section 271(1)(c) of the Income Tax Act. The penalty was canceled due to the invalidity of the penalty notices issued under Section 274, which were found to be vague and not in compliance with the principles of natural justice. The Tribunal dismissed the Revenue's appeals, resulting in the cancellation of the penalty. en-us Wed, 20 Jul 2016 00:00:00 +0530 Tue, 01 Nov 2016 18:37:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=187667 The Tribunal upheld the Commissioner of Income Tax (Appeals)'s decision to delete the penalty imposed under Section 271(1)(c) of the Income Tax Act. The penalty was canceled due to the invalidity of the penalty notices issued under Section 274, which were found to be vague and not in compliance with the principles of natural justice. The Tribunal dismissed the Revenue's appeals, resulting in the cancellation of the penalty. Case-Laws Income Tax Wed, 20 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=187667