https://www.taxtmi.com/caselaws?id=380325 The Tribunal allowed the appeal, directing the Assessing Officer to delete the penalty imposed on the assessee. The penalty was found to be invalid due to procedural irregularities, including the failure to specify the particular limb in the penalty notice and the lack of grounds for penalty imposition based on the issues raised. The Tribunal emphasized the importance of procedural fairness and adherence to legal principles in penalty proceedings. en-us Wed, 15 May 2019 00:00:00 +0530 Sat, 18 May 2019 06:51:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380325 The Tribunal allowed the appeal, directing the Assessing Officer to delete the penalty imposed on the assessee. The penalty was found to be invalid due to procedural irregularities, including the failure to specify the particular limb in the penalty notice and the lack of grounds for penalty imposition based on the issues raised. The Tribunal emphasized the importance of procedural fairness and adherence to legal principles in penalty proceedings. Case-Laws Income Tax Wed, 15 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380325