https://www.taxtmi.com/caselaws?id=350229 The Tribunal allowed the appeal, setting aside the order of the CIT(A) and directing the AO to delete the penalty. The decision was based on the ambiguity in the penalty notice, emphasizing that an unsustainable claim does not amount to furnishing inaccurate particulars of income. The Tribunal highlighted the necessity of clear and specific penalty notices to adhere to the principles of natural justice. en-us Fri, 23 Jun 2017 00:00:00 +0530 Thu, 02 Nov 2017 07:54:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350229 The Tribunal allowed the appeal, setting aside the order of the CIT(A) and directing the AO to delete the penalty. The decision was based on the ambiguity in the penalty notice, emphasizing that an unsustainable claim does not amount to furnishing inaccurate particulars of income. The Tribunal highlighted the necessity of clear and specific penalty notices to adhere to the principles of natural justice. Case-Laws Income Tax Fri, 23 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350229