https://www.taxtmi.com/caselaws?id=374035 The Tribunal allowed the appeal, canceling the penalty imposed under section 271(1)(c) of the I.T. Act for the relevant assessment year due to a defective show cause notice that lacked specificity on the limb of the section under which penalty proceedings were initiated. The decision emphasized the necessity of a clear and unambiguous notice in penalty proceedings, following a Karnataka High Court judgment supporting this view. en-us Mon, 21 Jan 2019 00:00:00 +0530 Wed, 23 Jan 2019 11:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374035 The Tribunal allowed the appeal, canceling the penalty imposed under section 271(1)(c) of the I.T. Act for the relevant assessment year due to a defective show cause notice that lacked specificity on the limb of the section under which penalty proceedings were initiated. The decision emphasized the necessity of a clear and unambiguous notice in penalty proceedings, following a Karnataka High Court judgment supporting this view. Case-Laws Income Tax Mon, 21 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374035