https://www.taxtmi.com/caselaws?id=284817 The ITAT Mumbai allowed the appeal, directing the deletion of the penalty imposed under section 271(1)(c) of the Income Tax Act. The penalty proceedings were deemed invalid due to the procedural flaw in the notice issued by the AO, which failed to specify the charge, depriving the assessee of the right to respond adequately. The ITAT Mumbai concluded that the penalty was imposed without proper application of mind, following principles of natural justice and citing relevant judgments. The decision was pronounced in favor of the assessee on 9th August 2019. en-us Fri, 09 Aug 2019 00:00:00 +0530 Thu, 12 Dec 2019 10:41:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284817 The ITAT Mumbai allowed the appeal, directing the deletion of the penalty imposed under section 271(1)(c) of the Income Tax Act. The penalty proceedings were deemed invalid due to the procedural flaw in the notice issued by the AO, which failed to specify the charge, depriving the assessee of the right to respond adequately. The ITAT Mumbai concluded that the penalty was imposed without proper application of mind, following principles of natural justice and citing relevant judgments. The decision was pronounced in favor of the assessee on 9th August 2019. Case-Laws Income Tax Fri, 09 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284817