https://www.taxtmi.com/caselaws?id=341320 The Tribunal found the penalty orders under Section 271(1)(c) invalid due to procedural lapses, lack of specific grounds in penalty notices, and failure to establish clear evidence of concealment or inaccurate particulars. Penalties for all three assessment years were directed to be deleted, emphasizing procedural fairness and clear communication in penalty proceedings. en-us Fri, 31 Mar 2017 00:00:00 +0530 Thu, 06 Apr 2017 07:32:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341320 The Tribunal found the penalty orders under Section 271(1)(c) invalid due to procedural lapses, lack of specific grounds in penalty notices, and failure to establish clear evidence of concealment or inaccurate particulars. Penalties for all three assessment years were directed to be deleted, emphasizing procedural fairness and clear communication in penalty proceedings. Case-Laws Income Tax Fri, 31 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341320