https://www.taxtmi.com/caselaws?id=374608 The Tribunal held that the penalty imposed under Section 271(1)(c) of the Income Tax Act, 1961 could not be sustained due to a defective show cause notice that did not specify the charge against the assessee. Relying on judicial precedents emphasizing the necessity of clear charges in penalty notices, the Tribunal dismissed the penalty, partially allowing the appeal. The decision was pronounced on January 25, 2019. en-us Fri, 25 Jan 2019 00:00:00 +0530 Tue, 05 Feb 2019 06:15:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374608 The Tribunal held that the penalty imposed under Section 271(1)(c) of the Income Tax Act, 1961 could not be sustained due to a defective show cause notice that did not specify the charge against the assessee. Relying on judicial precedents emphasizing the necessity of clear charges in penalty notices, the Tribunal dismissed the penalty, partially allowing the appeal. The decision was pronounced on January 25, 2019. Case-Laws Income Tax Fri, 25 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374608