https://www.taxtmi.com/caselaws?id=380393 The Tribunal allowed the appeal of the assessee, finding that the notice for penalty proceedings lacked specificity on the charge for the penalty levy, rendering the penalty proceedings invalid and the imposed penalty void ab initio. The penalty of Rs. 8,21,000 imposed for Assessment Year 2009-10 was directed to be deleted. en-us Thu, 16 May 2019 00:00:00 +0530 Mon, 20 May 2019 07:03:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380393 The Tribunal allowed the appeal of the assessee, finding that the notice for penalty proceedings lacked specificity on the charge for the penalty levy, rendering the penalty proceedings invalid and the imposed penalty void ab initio. The penalty of Rs. 8,21,000 imposed for Assessment Year 2009-10 was directed to be deleted. Case-Laws Income Tax Thu, 16 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380393