https://www.taxtmi.com/caselaws?id=357188 The Tribunal found the penalty order invalid under Section 271(1)(c) of the Income Tax Act due to a defective notice that did not specify the nature of the default. Citing relevant precedents, the Tribunal emphasized the necessity for clarity in penalty notices. Additionally, the ambiguity in the grounds for imposing the penalty rendered the penalty order unsustainable. Consequently, the penalty was cancelled, and the appeal by the assessee was allowed. The order was pronounced on 12/03/2018. en-us Mon, 12 Mar 2018 00:00:00 +0530 Mon, 19 Mar 2018 08:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357188 The Tribunal found the penalty order invalid under Section 271(1)(c) of the Income Tax Act due to a defective notice that did not specify the nature of the default. Citing relevant precedents, the Tribunal emphasized the necessity for clarity in penalty notices. Additionally, the ambiguity in the grounds for imposing the penalty rendered the penalty order unsustainable. Consequently, the penalty was cancelled, and the appeal by the assessee was allowed. The order was pronounced on 12/03/2018. Case-Laws Income Tax Mon, 12 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357188