https://www.taxtmi.com/caselaws?id=360698 The Tribunal found the notice issued by the Assessing Officer under section 271(1)(c) to be vague and invalid. Citing relevant case law, the Tribunal emphasized the necessity for clear grounds in penalty notices to allow the assessee to contest effectively. Consequently, the penalty imposed was canceled, and the appeal by the assessee was allowed. The decision upheld principles of natural justice, emphasizing the importance of specificity in penalty notices to safeguard the assessee's right to defense. en-us Fri, 18 May 2018 00:00:00 +0530 Sat, 19 May 2018 18:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=360698 The Tribunal found the notice issued by the Assessing Officer under section 271(1)(c) to be vague and invalid. Citing relevant case law, the Tribunal emphasized the necessity for clear grounds in penalty notices to allow the assessee to contest effectively. Consequently, the penalty imposed was canceled, and the appeal by the assessee was allowed. The decision upheld principles of natural justice, emphasizing the importance of specificity in penalty notices to safeguard the assessee's right to defense. Case-Laws Income Tax Fri, 18 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=360698