https://www.taxtmi.com/caselaws?id=359016 The Tribunal dismissed the Revenue's appeal, confirming that the penalty imposed under Section 271(1)(c) of the Income Tax Act was invalid due to the defective notice issued under Section 274 r.w.s 271(1)(c). The decision was based on judicial precedents, including the Supreme Court's ruling in SSA's Emerald Meadows, which favored the assessee. en-us Fri, 20 Apr 2018 00:00:00 +0530 Mon, 23 Apr 2018 07:08:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359016 The Tribunal dismissed the Revenue's appeal, confirming that the penalty imposed under Section 271(1)(c) of the Income Tax Act was invalid due to the defective notice issued under Section 274 r.w.s 271(1)(c). The decision was based on judicial precedents, including the Supreme Court's ruling in SSA's Emerald Meadows, which favored the assessee. Case-Laws Income Tax Fri, 20 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359016