https://www.taxtmi.com/caselaws?id=11177 The Tribunal upheld the legality of a notice issued under section 273(2)(a) of the Income-tax Act despite the appellant's argument that it should have been under section 273(2)(aa). The Tribunal emphasized that the essence of the notice was to inform the assessee of the untrue estimate of advance tax, and the penalty was imposed after providing an opportunity to be heard. The High Court dismissed the appeal, ruling that the notice's form did not affect the fairness of the penalty proceedings, as the assessee was aware of the incorrect estimate and participated in the process. en-us Wed, 02 Apr 2003 00:00:00 +0530 Sat, 01 Aug 2009 11:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11177 The Tribunal upheld the legality of a notice issued under section 273(2)(a) of the Income-tax Act despite the appellant's argument that it should have been under section 273(2)(aa). The Tribunal emphasized that the essence of the notice was to inform the assessee of the untrue estimate of advance tax, and the penalty was imposed after providing an opportunity to be heard. The High Court dismissed the appeal, ruling that the notice's form did not affect the fairness of the penalty proceedings, as the assessee was aware of the incorrect estimate and participated in the process. Case-Laws Income Tax Wed, 02 Apr 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11177