https://www.taxtmi.com/caselaws?id=281610 The Tribunal allowed the appeal, canceling the penalty imposed under section 271(1)(c) of the IT Act due to procedural irregularities in the penalty notice. The decision was based on the non-specificity of the penalty initiation and legal precedents. The additional grounds raised by the assessee were admitted and considered, leading to the cancellation of the penalty. en-us Fri, 15 Feb 2019 00:00:00 +0530 Thu, 27 Jun 2019 07:30:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281610 The Tribunal allowed the appeal, canceling the penalty imposed under section 271(1)(c) of the IT Act due to procedural irregularities in the penalty notice. The decision was based on the non-specificity of the penalty initiation and legal precedents. The additional grounds raised by the assessee were admitted and considered, leading to the cancellation of the penalty. Case-Laws Income Tax Fri, 15 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281610