https://www.taxtmi.com/caselaws?id=392490 The Tribunal found the penalty notice invalid as it did not specify whether the penalty was for concealment of income or furnishing inaccurate particulars. Relying on legal principles and precedents, including a Supreme Court judgment and decisions from the High Court, the Tribunal canceled the penalty order, allowing the appeal filed by the assessee. en-us Mon, 17 Feb 2020 00:00:00 +0530 Fri, 21 Feb 2020 12:40:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392490 The Tribunal found the penalty notice invalid as it did not specify whether the penalty was for concealment of income or furnishing inaccurate particulars. Relying on legal principles and precedents, including a Supreme Court judgment and decisions from the High Court, the Tribunal canceled the penalty order, allowing the appeal filed by the assessee. Case-Laws Income Tax Mon, 17 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392490