https://www.taxtmi.com/caselaws?id=381593 The Appellate Tribunal allowed the appeal of the assessee based on the invalidity of the penalty notice issued under section 271(1)(c) of the Income Tax Act, 1961. The Tribunal emphasized the necessity of clear and unambiguous grounds when initiating penalty proceedings to ensure the assessee's right to contest the charges effectively. The ambiguity in the penalty notice led to the quashing of the notice and the cancellation of the penalty orders by the lower authorities. en-us Wed, 12 Jun 2019 00:00:00 +0530 Fri, 14 Jun 2019 07:34:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=381593 The Appellate Tribunal allowed the appeal of the assessee based on the invalidity of the penalty notice issued under section 271(1)(c) of the Income Tax Act, 1961. The Tribunal emphasized the necessity of clear and unambiguous grounds when initiating penalty proceedings to ensure the assessee's right to contest the charges effectively. The ambiguity in the penalty notice led to the quashing of the notice and the cancellation of the penalty orders by the lower authorities. Case-Laws Income Tax Wed, 12 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=381593