https://www.taxtmi.com/caselaws?id=364159 The Tribunal held that the notice issued under Section 274 was defective as it did not specify the charge against the assessee. Relying on the decision of the Hon'ble Karnataka High Court and the dismissal of the SLP in SSA's Emerald Meadows by the Hon'ble Supreme Court, the penalties imposed by the AO under Section 271(1)(c) for the A.Ys 2002-03 to 2006-07 were canceled. The assessee's appeals were allowed, and the penalties were directed to be canceled. en-us Wed, 18 Jul 2018 00:00:00 +0530 Tue, 24 Jul 2018 08:51:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=364159 The Tribunal held that the notice issued under Section 274 was defective as it did not specify the charge against the assessee. Relying on the decision of the Hon'ble Karnataka High Court and the dismissal of the SLP in SSA's Emerald Meadows by the Hon'ble Supreme Court, the penalties imposed by the AO under Section 271(1)(c) for the A.Ys 2002-03 to 2006-07 were canceled. The assessee's appeals were allowed, and the penalties were directed to be canceled. Case-Laws Income Tax Wed, 18 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=364159