https://www.taxtmi.com/caselaws?id=356432 The Tribunal held that the show cause notice under Section 274 was defective for not specifying the charge against the Assessee, leading to the cancellation of the penalty imposed under Section 271(1)(c) of the Income Tax Act, 1961. The Assessee's appeal was allowed, and the penalty was revoked on 12.01.2018. en-us Fri, 12 Jan 2018 00:00:00 +0530 Tue, 06 Mar 2018 06:34:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356432 The Tribunal held that the show cause notice under Section 274 was defective for not specifying the charge against the Assessee, leading to the cancellation of the penalty imposed under Section 271(1)(c) of the Income Tax Act, 1961. The Assessee's appeal was allowed, and the penalty was revoked on 12.01.2018. Case-Laws Income Tax Fri, 12 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356432