https://www.taxtmi.com/caselaws?id=388844 The Tribunal held that the initiation of penalty proceedings under section 271AAB was not valid due to vague and unspecified notices. Consequently, the penalty order under section 271AAB was quashed, and the appeal of the assessee was allowed. The other grounds raised by the assessee were not addressed as they became irrelevant following the quashing of the penalty order. en-us Wed, 06 Nov 2019 00:00:00 +0530 Mon, 25 Nov 2019 09:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388844 The Tribunal held that the initiation of penalty proceedings under section 271AAB was not valid due to vague and unspecified notices. Consequently, the penalty order under section 271AAB was quashed, and the appeal of the assessee was allowed. The other grounds raised by the assessee were not addressed as they became irrelevant following the quashing of the penalty order. Case-Laws Income Tax Wed, 06 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388844