https://www.taxtmi.com/caselaws?id=389427 The Tribunal found the penalty notice under Section 271(1)(c) invalid due to lack of specificity in specifying the charge. Additionally, the penalty based on estimated income was deemed unsustainable, leading to the deletion of the penalty and allowing the appeal by the assessee. The decision was pronounced on 27/11/2019. en-us Wed, 27 Nov 2019 00:00:00 +0530 Sat, 07 Dec 2019 13:53:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389427 The Tribunal found the penalty notice under Section 271(1)(c) invalid due to lack of specificity in specifying the charge. Additionally, the penalty based on estimated income was deemed unsustainable, leading to the deletion of the penalty and allowing the appeal by the assessee. The decision was pronounced on 27/11/2019. Case-Laws Income Tax Wed, 27 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389427