https://www.taxtmi.com/caselaws?id=274870 The Tribunal found the penalty order under section 271(1)(c) invalid due to a defective show-cause notice that did not specify the grounds for the penalty. The appeal by the assessee was allowed, and the penalty order of Rs. 3,15,282/- was canceled. The judgment highlighted the importance of clarity and specificity in penalty proceedings to uphold principles of natural justice. The decision was rendered on May 13, 2016. en-us Fri, 13 May 2016 00:00:00 +0530 Sat, 08 Sep 2018 08:05:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=274870 The Tribunal found the penalty order under section 271(1)(c) invalid due to a defective show-cause notice that did not specify the grounds for the penalty. The appeal by the assessee was allowed, and the penalty order of Rs. 3,15,282/- was canceled. The judgment highlighted the importance of clarity and specificity in penalty proceedings to uphold principles of natural justice. The decision was rendered on May 13, 2016. Case-Laws Income Tax Fri, 13 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=274870