https://www.taxtmi.com/caselaws?id=355178 The Tribunal canceled the penalty of Rs. 1,52,305/- imposed under Section 271(1)(c) of the Income Tax Act, as the notice issued by the Assessing Officer was found to be defective for not specifying the charge of offense. Following judicial precedents, the Tribunal allowed the appeal, leading to the cancellation of the penalty and a favorable outcome for the assessee. en-us Wed, 07 Feb 2018 00:00:00 +0530 Sat, 10 Feb 2018 07:34:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=355178 The Tribunal canceled the penalty of Rs. 1,52,305/- imposed under Section 271(1)(c) of the Income Tax Act, as the notice issued by the Assessing Officer was found to be defective for not specifying the charge of offense. Following judicial precedents, the Tribunal allowed the appeal, leading to the cancellation of the penalty and a favorable outcome for the assessee. Case-Laws Income Tax Wed, 07 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=355178