https://www.taxtmi.com/caselaws?id=384001 The tribunal allowed the appeal, quashing penalty proceedings for assessment years 2004-05 to 2009-10 due to a defective show cause notice u/s 274. The notice did not clearly specify the grounds for penalty imposition, rendering the proceedings void ab initio. The tribunal relied on legal precedents to support its decision, concluding that the penalty imposition was flawed. Additional grounds of appeal were admitted based on bona fide reasons. en-us Thu, 01 Aug 2019 00:00:00 +0530 Sun, 04 Aug 2019 16:01:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=384001 The tribunal allowed the appeal, quashing penalty proceedings for assessment years 2004-05 to 2009-10 due to a defective show cause notice u/s 274. The notice did not clearly specify the grounds for penalty imposition, rendering the proceedings void ab initio. The tribunal relied on legal precedents to support its decision, concluding that the penalty imposition was flawed. Additional grounds of appeal were admitted based on bona fide reasons. Case-Laws Income Tax Thu, 01 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=384001