https://www.taxtmi.com/caselaws?id=394843 The Tribunal found the penalty notice issued under Section 274 read with Section 271(1)(c) to be invalid due to lack of specificity regarding the charge. Consequently, the penalty proceedings were deemed void ab initio. The Tribunal allowed the legal ground raised by the assessee, dismissing other arguments on the penalty's merits as infructuous. The appeal of the assessee was partly allowed. en-us Wed, 19 Feb 2020 00:00:00 +0530 Mon, 27 Apr 2020 11:05:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394843 The Tribunal found the penalty notice issued under Section 274 read with Section 271(1)(c) to be invalid due to lack of specificity regarding the charge. Consequently, the penalty proceedings were deemed void ab initio. The Tribunal allowed the legal ground raised by the assessee, dismissing other arguments on the penalty's merits as infructuous. The appeal of the assessee was partly allowed. Case-Laws Income Tax Wed, 19 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394843