https://www.taxtmi.com/caselaws?id=288429 Penalty under section 271(1)(c) is unsustainable where the section 274 show-cause notice does not clearly specify whether the allegation is concealment of income or furnishing inaccurate particulars. A penalty notice must unambiguously state the precise charge so the assessee can respond effectively. If the irrelevant portion is not struck off and the notice remains vague, the resulting penalty cannot be sustained. The document notes that such defective notice led to quashing of the penalty in favour of the assessee. en-us Wed, 19 Feb 2020 00:00:00 +0530 Sat, 06 Jun 2020 10:46:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288429 Penalty under section 271(1)(c) is unsustainable where the section 274 show-cause notice does not clearly specify whether the allegation is concealment of income or furnishing inaccurate particulars. A penalty notice must unambiguously state the precise charge so the assessee can respond effectively. If the irrelevant portion is not struck off and the notice remains vague, the resulting penalty cannot be sustained. The document notes that such defective notice led to quashing of the penalty in favour of the assessee. Case-Laws Income Tax Wed, 19 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288429