https://www.taxtmi.com/caselaws?id=353199 The Appellate Tribunal allowed the appeal, canceling the penalty imposed by the assessing officer and confirmed by the CIT(A) under section 271(1)(C) of the Income Tax Act. The decision was based on the lack of specificity and ambiguity in the penalty order, aligning with the principles outlined by the High Court regarding penalty proceedings. en-us Wed, 22 Nov 2017 00:00:00 +0530 Fri, 29 Dec 2017 08:55:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=353199 The Appellate Tribunal allowed the appeal, canceling the penalty imposed by the assessing officer and confirmed by the CIT(A) under section 271(1)(C) of the Income Tax Act. The decision was based on the lack of specificity and ambiguity in the penalty order, aligning with the principles outlined by the High Court regarding penalty proceedings. Case-Laws Income Tax Wed, 22 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=353199