https://www.taxtmi.com/caselaws?id=338083 The Tribunal found the penalty order under section 271(1)(c) of the Income Tax Act, 1961 to be invalid due to the defective show-cause notice that did not specify the grounds for penalty. The Tribunal canceled the penalty imposed by the Assessing Officer and allowed the appeal of the assessee, emphasizing the importance of clear communication in penalty notices to adhere to principles of natural justice. en-us Fri, 03 Jun 2016 00:00:00 +0530 Tue, 24 Jan 2017 17:49:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338083 The Tribunal found the penalty order under section 271(1)(c) of the Income Tax Act, 1961 to be invalid due to the defective show-cause notice that did not specify the grounds for penalty. The Tribunal canceled the penalty imposed by the Assessing Officer and allowed the appeal of the assessee, emphasizing the importance of clear communication in penalty notices to adhere to principles of natural justice. Case-Laws Income Tax Fri, 03 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338083