https://www.taxtmi.com/caselaws?id=354294 The Tribunal allowed the Assessee's appeal, ruling that the penalty under Section 271(1)(c) of the Income Tax Act could not be upheld due to the defective show cause notice under Section 274. The notice failed to specify the charge against the Assessee, leading to the cancellation of the penalty. en-us Wed, 10 Jan 2018 00:00:00 +0530 Tue, 23 Jan 2018 08:58:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=354294 The Tribunal allowed the Assessee's appeal, ruling that the penalty under Section 271(1)(c) of the Income Tax Act could not be upheld due to the defective show cause notice under Section 274. The notice failed to specify the charge against the Assessee, leading to the cancellation of the penalty. Case-Laws Income Tax Wed, 10 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354294