https://www.taxtmi.com/caselaws?id=380015 The Tribunal allowed the appeal of the assessee, ruling that the penalty imposed under Section 271(1)(c) of the Income-tax Act, 1961 was invalid due to the defective show cause notice that did not specify the charge against the assessee. The Tribunal held that the penalty could not be sustained and directed its cancellation, following precedents emphasizing the necessity of a specific charge in the show cause notice. The penalty was deleted, and the decision was pronounced on 8th May 2019. en-us Wed, 08 May 2019 00:00:00 +0530 Sat, 11 May 2019 07:27:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380015 The Tribunal allowed the appeal of the assessee, ruling that the penalty imposed under Section 271(1)(c) of the Income-tax Act, 1961 was invalid due to the defective show cause notice that did not specify the charge against the assessee. The Tribunal held that the penalty could not be sustained and directed its cancellation, following precedents emphasizing the necessity of a specific charge in the show cause notice. The penalty was deleted, and the decision was pronounced on 8th May 2019. Case-Laws Income Tax Wed, 08 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380015