https://www.taxtmi.com/caselaws?id=394415 The Tribunal allowed the appellant's appeal concerning the penalty imposed under section 271(1)(c) of the Income Tax Act for the Assessment Year 2005-06. The Tribunal found that the notice issued by the assessing officer was defective as it did not clearly specify the charges against the appellant, rendering the penalty invalid. Consequently, the Tribunal ordered the deletion of the penalty amount, emphasizing the procedural irregularity in the notice as the basis for its decision. en-us Wed, 29 Jan 2020 00:00:00 +0530 Sat, 11 Apr 2020 10:51:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394415 The Tribunal allowed the appellant's appeal concerning the penalty imposed under section 271(1)(c) of the Income Tax Act for the Assessment Year 2005-06. The Tribunal found that the notice issued by the assessing officer was defective as it did not clearly specify the charges against the appellant, rendering the penalty invalid. Consequently, the Tribunal ordered the deletion of the penalty amount, emphasizing the procedural irregularity in the notice as the basis for its decision. Case-Laws Income Tax Wed, 29 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394415