https://www.taxtmi.com/caselaws?id=389050 The Tribunal held that the penalty proceedings were unsustainable due to the vague and ambiguous notice issued under Section 274 read with Section 271(1)(c). The notice failed to specify the exact charge, violating principles of natural justice. Consequently, the penalty imposed was deleted, and the appeal by the assessee was allowed. The decision emphasized the importance of clear and specific charges in penalty notices to uphold principles of natural justice. en-us Wed, 27 Nov 2019 00:00:00 +0530 Fri, 29 Nov 2019 11:19:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389050 The Tribunal held that the penalty proceedings were unsustainable due to the vague and ambiguous notice issued under Section 274 read with Section 271(1)(c). The notice failed to specify the exact charge, violating principles of natural justice. Consequently, the penalty imposed was deleted, and the appeal by the assessee was allowed. The decision emphasized the importance of clear and specific charges in penalty notices to uphold principles of natural justice. Case-Laws Income Tax Wed, 27 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389050