https://www.taxtmi.com/caselaws?id=278474 The Tribunal set aside the penalties under Section 271(1)(c) for the assessment years 2007-08 and 2008-09 due to ambiguity in the Assessing Officer's charges. For the assessment year 2009-10, the Tribunal ruled that the penalty under Section 271(1)(c) was not applicable, emphasizing that penalties should be levied under Section 271AAA in cases where a search is initiated after a specified date. en-us Tue, 31 Oct 2017 00:00:00 +0530 Wed, 06 Feb 2019 07:17:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278474 The Tribunal set aside the penalties under Section 271(1)(c) for the assessment years 2007-08 and 2008-09 due to ambiguity in the Assessing Officer's charges. For the assessment year 2009-10, the Tribunal ruled that the penalty under Section 271(1)(c) was not applicable, emphasizing that penalties should be levied under Section 271AAA in cases where a search is initiated after a specified date. Case-Laws Income Tax Tue, 31 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278474