https://www.taxtmi.com/caselaws?id=365732 The appeal challenging the penalty imposed under section 271(1)(c) of the Income Tax Act, 1961 was allowed. The Accountant Member set aside the order of the CIT(A) and directed the Assessing Officer to cancel the penalty imposed. This decision was based on the defective notice issued by the Assessing Officer, which failed to specify the grounds for penalty imposition, rendering the penalty proceedings invalid. en-us Mon, 20 Aug 2018 00:00:00 +0530 Wed, 22 Aug 2018 08:06:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=365732 The appeal challenging the penalty imposed under section 271(1)(c) of the Income Tax Act, 1961 was allowed. The Accountant Member set aside the order of the CIT(A) and directed the Assessing Officer to cancel the penalty imposed. This decision was based on the defective notice issued by the Assessing Officer, which failed to specify the grounds for penalty imposition, rendering the penalty proceedings invalid. Case-Laws Income Tax Mon, 20 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=365732