https://www.taxtmi.com/caselaws?id=378382 The Tribunal upheld the CIT(A)'s decision to cancel the penalty imposed under section 271(1)(c) of the Income Tax Act, finding the notice issued was invalid due to ambiguity. The appeal by the Revenue was dismissed, emphasizing the importance of clear and specific grounds in penalty notices to comply with natural justice principles. en-us Wed, 10 Apr 2019 00:00:00 +0530 Mon, 15 Apr 2019 07:06:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378382 The Tribunal upheld the CIT(A)'s decision to cancel the penalty imposed under section 271(1)(c) of the Income Tax Act, finding the notice issued was invalid due to ambiguity. The appeal by the Revenue was dismissed, emphasizing the importance of clear and specific grounds in penalty notices to comply with natural justice principles. Case-Laws Income Tax Wed, 10 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378382