https://www.taxtmi.com/caselaws?id=377761 The Tribunal found the penalty order invalid due to lack of specificity in the notice and the Assessing Officer's failure to clearly establish the nature of the default. The penalty proceedings were deemed flawed, lacking proper application of legal standards. Consequently, the appeal was allowed, and the penalty order was overturned. en-us Fri, 29 Mar 2019 00:00:00 +0530 Wed, 03 Apr 2019 07:09:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377761 The Tribunal found the penalty order invalid due to lack of specificity in the notice and the Assessing Officer's failure to clearly establish the nature of the default. The penalty proceedings were deemed flawed, lacking proper application of legal standards. Consequently, the appeal was allowed, and the penalty order was overturned. Case-Laws Income Tax Fri, 29 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377761