https://www.taxtmi.com/caselaws?id=392390 The Tribunal allowed the appeals challenging the penalty levied under Section 271(1)(c) for the assessment years 2010-11, 2011-12, and 2012-13. It was held that the penalty was unsustainable as the AO failed to specify the exact charge and did not apply his mind properly. The Tribunal directed the AO to delete the penalty, emphasizing the necessity for a clear charge and a fair opportunity for the assessee to explain. The penalty orders were set aside based on the improper application of the law. en-us Mon, 10 Feb 2020 00:00:00 +0530 Wed, 19 Feb 2020 16:02:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392390 The Tribunal allowed the appeals challenging the penalty levied under Section 271(1)(c) for the assessment years 2010-11, 2011-12, and 2012-13. It was held that the penalty was unsustainable as the AO failed to specify the exact charge and did not apply his mind properly. The Tribunal directed the AO to delete the penalty, emphasizing the necessity for a clear charge and a fair opportunity for the assessee to explain. The penalty orders were set aside based on the improper application of the law. Case-Laws Income Tax Mon, 10 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392390