https://www.taxtmi.com/caselaws?id=366682 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decision to cancel the penalty. The Tribunal found the penalty notice defective for not specifying the exact charge, rendering the penalty proceedings invalid. Citing judicial precedents, the Tribunal emphasized the importance of striking off irrelevant portions in penalty notices. The order was pronounced on 05/09/2018. en-us Wed, 05 Sep 2018 00:00:00 +0530 Sat, 08 Sep 2018 08:09:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=366682 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decision to cancel the penalty. The Tribunal found the penalty notice defective for not specifying the exact charge, rendering the penalty proceedings invalid. Citing judicial precedents, the Tribunal emphasized the importance of striking off irrelevant portions in penalty notices. The order was pronounced on 05/09/2018. Case-Laws Income Tax Wed, 05 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=366682