https://www.taxtmi.com/caselaws?id=372303 The Tribunal allowed the appeals of the assessee for all the assessment years, holding that the penalty notices issued under Section 274 read with Section 271(1)(c) were invalid due to the lack of specificity in the charges. Consequently, the penalties levied under Section 271(1)(c) were directed to be deleted. The remaining grounds raised on merits were rendered academic and infructuous, as the primary issue of the defective penalty notices was decisive. en-us Mon, 17 Dec 2018 00:00:00 +0530 Thu, 20 Dec 2018 08:17:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372303 The Tribunal allowed the appeals of the assessee for all the assessment years, holding that the penalty notices issued under Section 274 read with Section 271(1)(c) were invalid due to the lack of specificity in the charges. Consequently, the penalties levied under Section 271(1)(c) were directed to be deleted. The remaining grounds raised on merits were rendered academic and infructuous, as the primary issue of the defective penalty notices was decisive. Case-Laws Income Tax Mon, 17 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372303