https://www.taxtmi.com/caselaws?id=376368 The Tribunal allowed the appeal challenging the penalty imposed under section 271(1)(c) of the Income Tax Act, 1961 as the show cause notice lacked specificity regarding the charge for the penalty, rendering it void ab initio. The Tribunal emphasized the importance of a clear and specific notice in penalty proceedings to ensure compliance with natural justice principles, citing relevant legal precedents. Consequently, the penalty imposed based on the vague notice was deemed illegal and was directed to be deleted. en-us Fri, 01 Mar 2019 00:00:00 +0530 Wed, 15 May 2019 17:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376368 The Tribunal allowed the appeal challenging the penalty imposed under section 271(1)(c) of the Income Tax Act, 1961 as the show cause notice lacked specificity regarding the charge for the penalty, rendering it void ab initio. The Tribunal emphasized the importance of a clear and specific notice in penalty proceedings to ensure compliance with natural justice principles, citing relevant legal precedents. Consequently, the penalty imposed based on the vague notice was deemed illegal and was directed to be deleted. Case-Laws Income Tax Fri, 01 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376368