https://www.taxtmi.com/caselaws?id=359868 The Tribunal allowed the appeal of the assessee, emphasizing the importance of properly specifying the charge in penalty notices to ensure the validity of penalty proceedings. The penalty imposed under section 271(1)(c) of the Income Tax Act, 1961 for the assessment year 2010-11 was deleted due to the non-specification of the charge in the penalty notice, rendering the penalty proceedings invalid. The order in favor of the assessee was pronounced on 3rd May 2018. en-us Thu, 03 May 2018 00:00:00 +0530 Sat, 05 May 2018 08:42:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359868 The Tribunal allowed the appeal of the assessee, emphasizing the importance of properly specifying the charge in penalty notices to ensure the validity of penalty proceedings. The penalty imposed under section 271(1)(c) of the Income Tax Act, 1961 for the assessment year 2010-11 was deleted due to the non-specification of the charge in the penalty notice, rendering the penalty proceedings invalid. The order in favor of the assessee was pronounced on 3rd May 2018. Case-Laws Income Tax Thu, 03 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359868