https://www.taxtmi.com/caselaws?id=398837 The Tribunal found the penalty notice issued under Section 274 read with Section 271AAB to be invalid due to vagueness and failure to specify the exact charge. Consequently, the penalty order was set aside, and the penalty proceedings were deemed invalid. The appeal was allowed, and the imposed penalty under Section 271AAB was deleted. en-us Thu, 17 Sep 2020 00:00:00 +0530 Fri, 25 Sep 2020 09:52:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398837 The Tribunal found the penalty notice issued under Section 274 read with Section 271AAB to be invalid due to vagueness and failure to specify the exact charge. Consequently, the penalty order was set aside, and the penalty proceedings were deemed invalid. The appeal was allowed, and the imposed penalty under Section 271AAB was deleted. Case-Laws Income Tax Thu, 17 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398837