https://www.taxtmi.com/caselaws?id=392539 Penalty under section 271(1)(c) cannot be sustained where the section 274 notice fails to specify whether the charge is concealment of income or furnishing of inaccurate particulars. A vague, omnibus notice that does not strike off the irrelevant limb denies the assessee a proper opportunity to respond and reflects non-application of mind. Such defect is not a mere technical irregularity and is not cured by the assessee's participation. The penalty proceedings founded on the defective notice were therefore treated as invalid. en-us Tue, 18 Feb 2020 00:00:00 +0530 Sat, 22 Feb 2020 17:13:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392539 Penalty under section 271(1)(c) cannot be sustained where the section 274 notice fails to specify whether the charge is concealment of income or furnishing of inaccurate particulars. A vague, omnibus notice that does not strike off the irrelevant limb denies the assessee a proper opportunity to respond and reflects non-application of mind. Such defect is not a mere technical irregularity and is not cured by the assessee's participation. The penalty proceedings founded on the defective notice were therefore treated as invalid. Case-Laws Income Tax Tue, 18 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392539