https://www.taxtmi.com/caselaws?id=192420 The Tribunal allowed the appeal, quashing penalty proceedings under section 271(1)(c) of the Income Tax Act. It found discrepancies between the grounds stated in the assessment order and the penalty notice, emphasizing the need for coherence in penalty imposition. The judgment on 22nd March 2017 stressed aligning grounds for initiating and imposing penalties to uphold fairness and legal principles. en-us Wed, 22 Mar 2017 00:00:00 +0530 Wed, 31 May 2017 06:58:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192420 The Tribunal allowed the appeal, quashing penalty proceedings under section 271(1)(c) of the Income Tax Act. It found discrepancies between the grounds stated in the assessment order and the penalty notice, emphasizing the need for coherence in penalty imposition. The judgment on 22nd March 2017 stressed aligning grounds for initiating and imposing penalties to uphold fairness and legal principles. Case-Laws Income Tax Wed, 22 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192420