https://www.taxtmi.com/caselaws?id=377822 The Tribunal dismissed one appeal due to a duplicate filing and allowed the other, canceling the penalty order of &8377;9,77,480 for the assessment year 2009-10. The Assessing Officer's failure to specify the relevant limb in the notice rendered the penalty unsustainable, following the decision of the Hon'ble Karnataka High Court. The Tribunal found the penalty order to be bad in law due to the non-application of mind by the Assessing Officer, leading to the cancellation of the penalty. en-us Thu, 21 Feb 2019 00:00:00 +0530 Thu, 04 Apr 2019 07:19:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377822 The Tribunal dismissed one appeal due to a duplicate filing and allowed the other, canceling the penalty order of &8377;9,77,480 for the assessment year 2009-10. The Assessing Officer's failure to specify the relevant limb in the notice rendered the penalty unsustainable, following the decision of the Hon'ble Karnataka High Court. The Tribunal found the penalty order to be bad in law due to the non-application of mind by the Assessing Officer, leading to the cancellation of the penalty. Case-Laws Income Tax Thu, 21 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377822