https://www.taxtmi.com/caselaws?id=373050 The High Court held that the penalty orders for assessment years 2009-10 and 2010-11 under section 271(1)(c) of the Income-tax Act were invalid due to ambiguity in specifying charges during initiation. The AO's failure to clearly state charges at the beginning and later mentioning both limbs of the section during penalty imposition was deemed contrary to legal principles. Consequently, the penalty orders were set aside, emphasizing the need for precise adherence to legal requirements and principles in penalty imposition for procedural fairness. en-us Wed, 02 Jan 2019 00:00:00 +0530 Sat, 05 Jan 2019 08:06:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373050 The High Court held that the penalty orders for assessment years 2009-10 and 2010-11 under section 271(1)(c) of the Income-tax Act were invalid due to ambiguity in specifying charges during initiation. The AO's failure to clearly state charges at the beginning and later mentioning both limbs of the section during penalty imposition was deemed contrary to legal principles. Consequently, the penalty orders were set aside, emphasizing the need for precise adherence to legal requirements and principles in penalty imposition for procedural fairness. Case-Laws Income Tax Wed, 02 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373050