https://www.taxtmi.com/caselaws?id=355316 The Tribunal ruled in favor of the Assessee in an appeal against the Order of the Ld. Commissioner of Income Tax (Appeals) for the assessment year 2013-14. The Tribunal found the penalty notice ambiguous and not compliant with legal requirements, leading to the deletion of the penalty under section 271(1)(c) of the Income Tax Act, 1961. The decision emphasized the necessity for penalty proceedings to accurately specify the grounds, resulting in the allowance of the Assessee's appeal and the deletion of the penalty in question. en-us Fri, 02 Feb 2018 00:00:00 +0530 Mon, 12 Feb 2018 14:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=355316 The Tribunal ruled in favor of the Assessee in an appeal against the Order of the Ld. Commissioner of Income Tax (Appeals) for the assessment year 2013-14. The Tribunal found the penalty notice ambiguous and not compliant with legal requirements, leading to the deletion of the penalty under section 271(1)(c) of the Income Tax Act, 1961. The decision emphasized the necessity for penalty proceedings to accurately specify the grounds, resulting in the allowance of the Assessee's appeal and the deletion of the penalty in question. Case-Laws Income Tax Fri, 02 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=355316