https://www.taxtmi.com/caselaws?id=395701 The tribunal allowed the appeal of the assessee, ruling that the penalty imposed under Section 271(1)(c) was invalid due to the defective penalty notice lacking specificity. The tribunal held that the notice's failure to clearly state the charge breached natural justice principles, leading to the cancellation of the penalty. en-us Fri, 29 May 2020 00:00:00 +0530 Wed, 03 Jun 2020 11:15:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395701 The tribunal allowed the appeal of the assessee, ruling that the penalty imposed under Section 271(1)(c) was invalid due to the defective penalty notice lacking specificity. The tribunal held that the notice's failure to clearly state the charge breached natural justice principles, leading to the cancellation of the penalty. Case-Laws Income Tax Fri, 29 May 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395701