https://www.taxtmi.com/caselaws?id=376307 The Tribunal held that the show cause notices under Section 274 were defective for not specifying penalty grounds. Relying on precedent, penalties were canceled due to lack of clarity in the notices, emphasizing the importance of specific charges for natural justice principles. The appeals were allowed, highlighting the need for precise penalty notices for fairness. en-us Wed, 27 Feb 2019 00:00:00 +0530 Wed, 06 Mar 2019 10:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376307 The Tribunal held that the show cause notices under Section 274 were defective for not specifying penalty grounds. Relying on precedent, penalties were canceled due to lack of clarity in the notices, emphasizing the importance of specific charges for natural justice principles. The appeals were allowed, highlighting the need for precise penalty notices for fairness. Case-Laws Income Tax Wed, 27 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376307