https://www.taxtmi.com/caselaws?id=366330 The Tribunal found that the notice issued under Section 274 read with Section 271(1)(c) of the Income Tax Act, 1961, was defective as it did not specify the charge against the assessee. Relying on precedent, including the decision in SSA's Emerald Meadows, the Tribunal concluded that the defective notice invalidated the penalty proceedings. Consequently, the Tribunal set aside the penalty imposed by the Assessing Officer and allowed the appeal of the assessee, canceling the penalty of Rs. 75,020 for the assessment year 2010-11. en-us Wed, 29 Aug 2018 00:00:00 +0530 Sat, 01 Sep 2018 08:24:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=366330 The Tribunal found that the notice issued under Section 274 read with Section 271(1)(c) of the Income Tax Act, 1961, was defective as it did not specify the charge against the assessee. Relying on precedent, including the decision in SSA's Emerald Meadows, the Tribunal concluded that the defective notice invalidated the penalty proceedings. Consequently, the Tribunal set aside the penalty imposed by the Assessing Officer and allowed the appeal of the assessee, canceling the penalty of Rs. 75,020 for the assessment year 2010-11. Case-Laws Income Tax Wed, 29 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=366330