https://www.taxtmi.com/caselaws?id=343166 The Tribunal found that the penalty notice issued under Section 271(1)(c) lacked clarity and did not specify the charge against the assessee, indicating a lack of application of mind by the Assessing Officer. As a result, the penalty imposed for furnishing inaccurate particulars of income was deemed invalid and was deleted. The Tribunal allowed the appeal filed by the assessee based on this procedural flaw, without addressing other arguments raised. en-us Fri, 28 Apr 2017 00:00:00 +0530 Sat, 20 May 2017 12:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343166 The Tribunal found that the penalty notice issued under Section 271(1)(c) lacked clarity and did not specify the charge against the assessee, indicating a lack of application of mind by the Assessing Officer. As a result, the penalty imposed for furnishing inaccurate particulars of income was deemed invalid and was deleted. The Tribunal allowed the appeal filed by the assessee based on this procedural flaw, without addressing other arguments raised. Case-Laws Income Tax Fri, 28 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343166