https://www.taxtmi.com/caselaws?id=370169 The ITAT Hyderabad allowed the assessee's appeal, setting aside the penalty order imposed under section 271(1)(c) due to the invalid notice issued by the AO. The judgment emphasized the importance of specifying the grounds for penalty in such notices, in line with legal precedents, ultimately leading to the quashing of the penalty order. en-us Fri, 09 Nov 2018 00:00:00 +0530 Mon, 12 Nov 2018 07:07:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370169 The ITAT Hyderabad allowed the assessee's appeal, setting aside the penalty order imposed under section 271(1)(c) due to the invalid notice issued by the AO. The judgment emphasized the importance of specifying the grounds for penalty in such notices, in line with legal precedents, ultimately leading to the quashing of the penalty order. Case-Laws Income Tax Fri, 09 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370169