https://www.taxtmi.com/caselaws?id=189734 The Tribunal allowed the assessee's appeals for assessment years 1996-97 and 1997-98, holding that the penalty proceedings under section 271(1)(c) of the Income Tax Act were invalid due to ambiguity in the show cause notices and lack of application of mind by the Assessing Officer. Consequently, the Tribunal dismissed the Revenue's appeal for assessment year 1997-98 as infructuous. en-us Mon, 04 Jan 2016 00:00:00 +0530 Wed, 18 Jan 2017 21:00:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189734 The Tribunal allowed the assessee's appeals for assessment years 1996-97 and 1997-98, holding that the penalty proceedings under section 271(1)(c) of the Income Tax Act were invalid due to ambiguity in the show cause notices and lack of application of mind by the Assessing Officer. Consequently, the Tribunal dismissed the Revenue's appeal for assessment year 1997-98 as infructuous. Case-Laws Income Tax Mon, 04 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189734