https://www.taxtmi.com/caselaws?id=379689 The Tribunal held that the penalty notice issued was defective as it did not specify the nature of the penalty. Relying on precedents emphasizing the necessity of clear charges in penalty notices, the Tribunal concluded that the penalty imposed under Section 271(1)(c) could not be sustained. Consequently, the Tribunal allowed the assessee's appeal and deleted the penalty. en-us Wed, 01 May 2019 00:00:00 +0530 Fri, 03 May 2019 14:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379689 The Tribunal held that the penalty notice issued was defective as it did not specify the nature of the penalty. Relying on precedents emphasizing the necessity of clear charges in penalty notices, the Tribunal concluded that the penalty imposed under Section 271(1)(c) could not be sustained. Consequently, the Tribunal allowed the assessee's appeal and deleted the penalty. Case-Laws Income Tax Wed, 01 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379689