https://www.taxtmi.com/caselaws?id=279933 The ITAT allowed the appeal in a penalty case for A.Y. 2007-08, finding that the penalty proceedings were flawed due to an improperly issued notice that did not specify the charge, violating legal requirements. The ITAT emphasized the independence of penalty and quantum proceedings, stating that the penalty could not be upheld solely based on the quantum appeal outcome. Consequently, the penalty imposed under section 271(1)(c) was not justified, and the appeal was allowed. en-us Fri, 11 Dec 2015 00:00:00 +0530 Thu, 11 Apr 2019 20:36:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279933 The ITAT allowed the appeal in a penalty case for A.Y. 2007-08, finding that the penalty proceedings were flawed due to an improperly issued notice that did not specify the charge, violating legal requirements. The ITAT emphasized the independence of penalty and quantum proceedings, stating that the penalty could not be upheld solely based on the quantum appeal outcome. Consequently, the penalty imposed under section 271(1)(c) was not justified, and the appeal was allowed. Case-Laws Income Tax Fri, 11 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279933