https://www.taxtmi.com/caselaws?id=398610 The ITAT allowed the appeal, canceling the penalty of Rs. 278,024 levied under section 271(1)(c) of the Income Tax Act. The penalty was canceled due to a procedural flaw in the notice, where charges were not clearly specified, rendering it unsustainable. The ITAT did not address the merits of the case, focusing solely on the defective notice issue. en-us Thu, 17 Sep 2020 00:00:00 +0530 Mon, 30 Nov 2020 17:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398610 The ITAT allowed the appeal, canceling the penalty of Rs. 278,024 levied under section 271(1)(c) of the Income Tax Act. The penalty was canceled due to a procedural flaw in the notice, where charges were not clearly specified, rendering it unsustainable. The ITAT did not address the merits of the case, focusing solely on the defective notice issue. Case-Laws Income Tax Thu, 17 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398610