https://www.taxtmi.com/caselaws?id=389433 The Tribunal allowed the appeal, ruling in favor of the assessee, as the penalty imposed under section 271(1)(c) of the Income Tax Act was deemed invalid due to deficiencies in the penalty notice. The Tribunal emphasized the necessity of clearly specifying the charge for a penalty order to be valid, setting aside the penalty and directing its deletion. en-us Tue, 03 Dec 2019 00:00:00 +0530 Wed, 11 Dec 2019 15:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389433 The Tribunal allowed the appeal, ruling in favor of the assessee, as the penalty imposed under section 271(1)(c) of the Income Tax Act was deemed invalid due to deficiencies in the penalty notice. The Tribunal emphasized the necessity of clearly specifying the charge for a penalty order to be valid, setting aside the penalty and directing its deletion. Case-Laws Income Tax Tue, 03 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389433