https://www.taxtmi.com/caselaws?id=382971 The Tribunal set aside the penalty imposed under section 271(1)(c) for the Assessment Year 2009-10, emphasizing the necessity for the Assessing Officer to specify the applicable limb of the provision clearly. Due to the ambiguity in the initiation and levy of the penalty, the Tribunal found the penalty unsustainable in law. The appeal was allowed, directing the deletion of the penalty, solely on the grounds of the Assessing Officer's failure to specify the relevant limb of the provision, without delving into the case's merits. en-us Wed, 10 Jul 2019 00:00:00 +0530 Sat, 13 Jul 2019 08:07:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382971 The Tribunal set aside the penalty imposed under section 271(1)(c) for the Assessment Year 2009-10, emphasizing the necessity for the Assessing Officer to specify the applicable limb of the provision clearly. Due to the ambiguity in the initiation and levy of the penalty, the Tribunal found the penalty unsustainable in law. The appeal was allowed, directing the deletion of the penalty, solely on the grounds of the Assessing Officer's failure to specify the relevant limb of the provision, without delving into the case's merits. Case-Laws Income Tax Wed, 10 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382971