https://www.taxtmi.com/caselaws?id=358533 The Tribunal held that the imposition of penalty under Section 271(1)(c) could not be sustained due to the defective show cause notice under Section 274, which failed to specify the exact charge against the assessee. Consequently, the penalty was deleted, and the appeal of the assessee was allowed. en-us Wed, 11 Apr 2018 00:00:00 +0530 Fri, 13 Apr 2018 08:18:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=358533 The Tribunal held that the imposition of penalty under Section 271(1)(c) could not be sustained due to the defective show cause notice under Section 274, which failed to specify the exact charge against the assessee. Consequently, the penalty was deleted, and the appeal of the assessee was allowed. Case-Laws Income Tax Wed, 11 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=358533