https://www.taxtmi.com/caselaws?id=373577 The Tribunal allowed the appeals, canceling the penalty orders under Section 271(1)(c) for both cases. The Tribunal found that the penalty notices lacked specificity and failed to prove intentional concealment or furnishing inaccurate particulars by the assessee. The Tribunal's decision aligned with legal precedents, leading to the quashing of the penalty orders on jurisdictional and substantive grounds. en-us Fri, 11 Jan 2019 00:00:00 +0530 Wed, 16 Jan 2019 09:57:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373577 The Tribunal allowed the appeals, canceling the penalty orders under Section 271(1)(c) for both cases. The Tribunal found that the penalty notices lacked specificity and failed to prove intentional concealment or furnishing inaccurate particulars by the assessee. The Tribunal's decision aligned with legal precedents, leading to the quashing of the penalty orders on jurisdictional and substantive grounds. Case-Laws Income Tax Fri, 11 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373577