https://www.taxtmi.com/caselaws?id=282066 The Tribunal canceled the penalty of Rs. 18,90,250/- imposed under Section 271(1)(c) of the Income Tax Act, as the notice issued was found to be defective for not specifying the charge against the assessee. Relying on the principle favoring the assessee when there are conflicting views, the Tribunal allowed the appeal, overturning the decision of the Commissioner of Income Tax (Appeals) and the Assessing Officer. en-us Wed, 13 Dec 2017 00:00:00 +0530 Tue, 18 Apr 2023 13:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=282066 The Tribunal canceled the penalty of Rs. 18,90,250/- imposed under Section 271(1)(c) of the Income Tax Act, as the notice issued was found to be defective for not specifying the charge against the assessee. Relying on the principle favoring the assessee when there are conflicting views, the Tribunal allowed the appeal, overturning the decision of the Commissioner of Income Tax (Appeals) and the Assessing Officer. Case-Laws Income Tax Wed, 13 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=282066