https://www.taxtmi.com/caselaws?id=357180 The tribunal allowed the appeal, canceling the penalty imposed by the AO. The decision was based on procedural flaws in the penalty notice and the absence of specific allegations and satisfaction regarding concealment or inaccurate particulars. The tribunal emphasized the necessity for clear and specific findings in penalty proceedings, in line with various judicial precedents. en-us Thu, 01 Mar 2018 00:00:00 +0530 Mon, 14 May 2018 13:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357180 The tribunal allowed the appeal, canceling the penalty imposed by the AO. The decision was based on procedural flaws in the penalty notice and the absence of specific allegations and satisfaction regarding concealment or inaccurate particulars. The tribunal emphasized the necessity for clear and specific findings in penalty proceedings, in line with various judicial precedents. Case-Laws Income Tax Thu, 01 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357180