https://www.taxtmi.com/caselaws?id=388272 The tribunal condoned the delay in filing appeals citing valid reasons and consolidated the appeals for hearing. Regarding the validity of the penalty notice under section 271(1)(c), the tribunal found the notice to be vague and not in compliance with legal standards. Relying on judicial precedents, including a judgment by the High Court of Telangana & A.P., the tribunal concluded the notice was invalid. Consequently, the penalty order was canceled, and the appeals were allowed in favor of the assessees. en-us Fri, 08 Nov 2019 00:00:00 +0530 Tue, 12 Nov 2019 12:33:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388272 The tribunal condoned the delay in filing appeals citing valid reasons and consolidated the appeals for hearing. Regarding the validity of the penalty notice under section 271(1)(c), the tribunal found the notice to be vague and not in compliance with legal standards. Relying on judicial precedents, including a judgment by the High Court of Telangana & A.P., the tribunal concluded the notice was invalid. Consequently, the penalty order was canceled, and the appeals were allowed in favor of the assessees. Case-Laws Income Tax Fri, 08 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388272