https://www.taxtmi.com/caselaws?id=10267 The High Court considered whether a penalty notice must explicitly refer to Explanation 1 to section 271(1)(c) of the Income-tax Act for the penalty to be valid. Relying on precedent, the court held that explicit mention of the Explanation is not necessary in the notice. The court allowed the appeal, setting aside the Tribunal's order and remanding the case for fresh adjudication, emphasizing that the invocation of Explanation 1 does not require specific mention in the penalty notice. en-us Thu, 20 Jan 2005 00:00:00 +0530 Sat, 11 Jul 2009 18:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10267 The High Court considered whether a penalty notice must explicitly refer to Explanation 1 to section 271(1)(c) of the Income-tax Act for the penalty to be valid. Relying on precedent, the court held that explicit mention of the Explanation is not necessary in the notice. The court allowed the appeal, setting aside the Tribunal's order and remanding the case for fresh adjudication, emphasizing that the invocation of Explanation 1 does not require specific mention in the penalty notice. Case-Laws Income Tax Thu, 20 Jan 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10267