https://www.taxtmi.com/caselaws?id=380049 The Tribunal allowed the Assessee's appeal, canceling the penalty order imposed under Section 271(1)(c) of the Income Tax Act, 1961. The Tribunal found that the Assessing Officer's failure to specify the exact nature of the violation in the penalty notice rendered the penalty unsustainable, citing legal precedents requiring clear specificity in penalty notices. The decision was pronounced on 10/05/2019. en-us Fri, 10 May 2019 00:00:00 +0530 Mon, 13 May 2019 06:59:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380049 The Tribunal allowed the Assessee's appeal, canceling the penalty order imposed under Section 271(1)(c) of the Income Tax Act, 1961. The Tribunal found that the Assessing Officer's failure to specify the exact nature of the violation in the penalty notice rendered the penalty unsustainable, citing legal precedents requiring clear specificity in penalty notices. The decision was pronounced on 10/05/2019. Case-Laws Income Tax Fri, 10 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380049