https://www.taxtmi.com/caselaws?id=377753 The Tribunal allowed the appeals filed by the assessee, finding that the penalty notice under Section 274 read with Section 271(1)(c) lacked specificity and the imposition of penalty based on estimated income was unjustified. Consequently, the Tribunal deleted the penalty for all the assessment years in question. en-us Tue, 26 Mar 2019 00:00:00 +0530 Wed, 03 Apr 2019 07:07:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377753 The Tribunal allowed the appeals filed by the assessee, finding that the penalty notice under Section 274 read with Section 271(1)(c) lacked specificity and the imposition of penalty based on estimated income was unjustified. Consequently, the Tribunal deleted the penalty for all the assessment years in question. Case-Laws Income Tax Tue, 26 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377753