https://www.taxtmi.com/caselaws?id=373582 The Tribunal allowed the appeal against the penalty under section 271(1)(c) based on the invalid notice issued by the Assessing Officer, following precedents from the Hon'ble Karnataka High Court. The penalty was deleted as the notice did not specify the charge against the assessee. Regarding the appeal against the quantum addition, the Tribunal remitted the issue back to the CIT(A) for fresh adjudication due to the lack of specificity in the show cause notice, as emphasized by previous decisions from various Benches and the Hon'ble Lucknow Bench of the Tribunal. en-us Fri, 11 Jan 2019 00:00:00 +0530 Wed, 16 Jan 2019 09:58:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373582 The Tribunal allowed the appeal against the penalty under section 271(1)(c) based on the invalid notice issued by the Assessing Officer, following precedents from the Hon'ble Karnataka High Court. The penalty was deleted as the notice did not specify the charge against the assessee. Regarding the appeal against the quantum addition, the Tribunal remitted the issue back to the CIT(A) for fresh adjudication due to the lack of specificity in the show cause notice, as emphasized by previous decisions from various Benches and the Hon'ble Lucknow Bench of the Tribunal. Case-Laws Income Tax Fri, 11 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373582