https://www.taxtmi.com/caselaws?id=285116 The Tribunal found that the penalty under Section 271(1)(c) was not sustainable due to the lack of specific charges and the denial of a reasonable opportunity to the assessee. Consequently, the Tribunal allowed the appeal, ordering the deletion of the penalty amounting to Rs. 7,72,000. The decision was rendered on October 3, 2018. en-us Wed, 03 Oct 2018 00:00:00 +0530 Fri, 27 Dec 2019 06:51:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=285116 The Tribunal found that the penalty under Section 271(1)(c) was not sustainable due to the lack of specific charges and the denial of a reasonable opportunity to the assessee. Consequently, the Tribunal allowed the appeal, ordering the deletion of the penalty amounting to Rs. 7,72,000. The decision was rendered on October 3, 2018. Case-Laws Income Tax Wed, 03 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=285116