https://www.taxtmi.com/caselaws?id=357697 The Tribunal allowed the appeal of the Assessee, canceling the penalty imposed under Section 271(1)(c) of the Income Tax Act. The penalty was deemed invalid due to the defective show cause notice issued under Section 274, which failed to specify the charge against the Assessee clearly. As a result, the imposition of the penalty was not sustained, and the Assessee's appeal was successful. en-us Thu, 01 Mar 2018 00:00:00 +0530 Wed, 28 Mar 2018 07:59:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357697 The Tribunal allowed the appeal of the Assessee, canceling the penalty imposed under Section 271(1)(c) of the Income Tax Act. The penalty was deemed invalid due to the defective show cause notice issued under Section 274, which failed to specify the charge against the Assessee clearly. As a result, the imposition of the penalty was not sustained, and the Assessee's appeal was successful. Case-Laws Income Tax Thu, 01 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357697