https://www.taxtmi.com/caselaws?id=345664 The High Court upheld the Tribunal's decision to delete the penalty under Section 271(1)(c) of the Income-tax Act due to ambiguity in the show-cause notice and the lack of a clear finding by the Assessing Officer. The court emphasized the importance of specificity and clarity in penalty proceedings, citing the need for the assessee to be informed of the specific charges against them to mount a proper defense. The appeal was dismissed, affirming the deletion of the penalty. en-us Thu, 13 Jul 2017 00:00:00 +0530 Sat, 18 Nov 2017 13:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=345664 The High Court upheld the Tribunal's decision to delete the penalty under Section 271(1)(c) of the Income-tax Act due to ambiguity in the show-cause notice and the lack of a clear finding by the Assessing Officer. The court emphasized the importance of specificity and clarity in penalty proceedings, citing the need for the assessee to be informed of the specific charges against them to mount a proper defense. The appeal was dismissed, affirming the deletion of the penalty. Case-Laws Income Tax Thu, 13 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345664