https://www.taxtmi.com/caselaws?id=358223 The Tribunal upheld the Commissioner of Income Tax (Appeals)' decision to delete the penalty imposed under Section 271(1)(c) of the Income Tax Act, 1961. The Tribunal found that the show cause notice was defective as it did not specify the charge against the assessee, rendering the penalty proceedings invalid. Citing judicial precedents emphasizing the necessity of clarity in penalty notices, the Tribunal concluded that the penalty imposition was unsustainable. Consequently, the Revenue's appeal was dismissed, confirming the deletion of the penalty on 04/04/2018. en-us Wed, 04 Apr 2018 00:00:00 +0530 Sat, 07 Apr 2018 07:57:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=358223 The Tribunal upheld the Commissioner of Income Tax (Appeals)' decision to delete the penalty imposed under Section 271(1)(c) of the Income Tax Act, 1961. The Tribunal found that the show cause notice was defective as it did not specify the charge against the assessee, rendering the penalty proceedings invalid. Citing judicial precedents emphasizing the necessity of clarity in penalty notices, the Tribunal concluded that the penalty imposition was unsustainable. Consequently, the Revenue's appeal was dismissed, confirming the deletion of the penalty on 04/04/2018. Case-Laws Income Tax Wed, 04 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=358223