https://www.taxtmi.com/caselaws?id=289640 The Tribunal invalidated the penalty order due to a vague and invalid notice issued under Section 274, leading to the quashing of the enhancement of penalty under Section 271AAB by the CIT(A). Emphasizing the importance of clear and specific notices for penalty proceedings, the Tribunal allowed the appeal and set aside the penalty order, highlighting the need to adhere to principles of natural justice. en-us Thu, 10 Jan 2019 00:00:00 +0530 Mon, 10 Aug 2020 20:28:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289640 The Tribunal invalidated the penalty order due to a vague and invalid notice issued under Section 274, leading to the quashing of the enhancement of penalty under Section 271AAB by the CIT(A). Emphasizing the importance of clear and specific notices for penalty proceedings, the Tribunal allowed the appeal and set aside the penalty order, highlighting the need to adhere to principles of natural justice. Case-Laws Income Tax Thu, 10 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289640