https://www.taxtmi.com/caselaws?id=356217 The Tribunal found the penalty proceedings initiated by the Assessing Officer invalid due to a vague notice under section 274 r.w.s. 271(1)(c) without specifying the exact charge. Consequently, the Tribunal quashed the penalty proceedings and deleted the penalty levied by the AO, allowing the appeal filed by the assessee. en-us Wed, 21 Feb 2018 00:00:00 +0530 Tue, 27 Feb 2018 07:12:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356217 The Tribunal found the penalty proceedings initiated by the Assessing Officer invalid due to a vague notice under section 274 r.w.s. 271(1)(c) without specifying the exact charge. Consequently, the Tribunal quashed the penalty proceedings and deleted the penalty levied by the AO, allowing the appeal filed by the assessee. Case-Laws Income Tax Wed, 21 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356217