https://www.taxtmi.com/caselaws?id=382220 The tribunal dismissed both the Revenue's appeal and the assessee's cross objection, upholding the cancellation of the penalty due to the invalidity of the notice issued under section 271(1)(c). The tribunal emphasized the necessity for clear and specific penalty notices, in line with legal precedents, to ensure fairness and adherence to natural justice principles. en-us Wed, 26 Jun 2019 00:00:00 +0530 Fri, 28 Jun 2019 07:09:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382220 The tribunal dismissed both the Revenue's appeal and the assessee's cross objection, upholding the cancellation of the penalty due to the invalidity of the notice issued under section 271(1)(c). The tribunal emphasized the necessity for clear and specific penalty notices, in line with legal precedents, to ensure fairness and adherence to natural justice principles. Case-Laws Income Tax Wed, 26 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382220