https://www.taxtmi.com/caselaws?id=390348 The Tribunal held that the notice issued under Section 274 read with Section 271(1)(c) of the Income Tax Act was defective as it failed to specify the exact charge against the assessee. Consequently, the penalty imposed based on the defective notice was deemed unsustainable. The Tribunal set aside the CIT(A)'s order and canceled the penalty of Rs. 1,78,068/- levied by the AO for the assessment year 2009-10. The appeal of the assessee was allowed, with the order pronounced on 24.12.2019. en-us Tue, 24 Dec 2019 00:00:00 +0530 Mon, 30 Dec 2019 13:15:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390348 The Tribunal held that the notice issued under Section 274 read with Section 271(1)(c) of the Income Tax Act was defective as it failed to specify the exact charge against the assessee. Consequently, the penalty imposed based on the defective notice was deemed unsustainable. The Tribunal set aside the CIT(A)'s order and canceled the penalty of Rs. 1,78,068/- levied by the AO for the assessment year 2009-10. The appeal of the assessee was allowed, with the order pronounced on 24.12.2019. Case-Laws Income Tax Tue, 24 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390348