https://www.taxtmi.com/caselaws?id=279478 The Tribunal allowed the assessee's appeal, directing the deletion of the penalty imposed under Section 271(1)(c) of the Income Tax Act. The decision emphasized the importance of clear and specific charges in penalty notices and the necessity for the Assessing Officer to apply his mind when initiating penalty proceedings. The Tribunal highlighted adherence to the principles of natural justice and the requirement for precise communication of charges to the assessee. en-us Wed, 14 Nov 2018 00:00:00 +0530 Tue, 19 Mar 2019 10:44:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279478 The Tribunal allowed the assessee's appeal, directing the deletion of the penalty imposed under Section 271(1)(c) of the Income Tax Act. The decision emphasized the importance of clear and specific charges in penalty notices and the necessity for the Assessing Officer to apply his mind when initiating penalty proceedings. The Tribunal highlighted adherence to the principles of natural justice and the requirement for precise communication of charges to the assessee. Case-Laws Income Tax Wed, 14 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279478