https://www.taxtmi.com/caselaws?id=378582 The Tribunal allowed the assessee's appeal for Assessment Year 2005-06, canceling the penalty imposed under section 271(1)(c) of the Income Tax Act, 1961. The Tribunal found the notice issued under section 274 r.w.s. 271 to be defective and invalid, rendering the penalty proceedings and order invalid as well. Consequently, the penalty was cancelled, and other grounds of appeal were not adjudicated. en-us Tue, 16 Apr 2019 00:00:00 +0530 Thu, 18 Apr 2019 08:24:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378582 The Tribunal allowed the assessee's appeal for Assessment Year 2005-06, canceling the penalty imposed under section 271(1)(c) of the Income Tax Act, 1961. The Tribunal found the notice issued under section 274 r.w.s. 271 to be defective and invalid, rendering the penalty proceedings and order invalid as well. Consequently, the penalty was cancelled, and other grounds of appeal were not adjudicated. Case-Laws Income Tax Tue, 16 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378582