https://www.taxtmi.com/caselaws?id=404714 The Tribunal allowed the appeals of the assessee for three assessment years (2010-11, 2011-12, and 2012-13), holding that the penalty under Section 271(1)(c) was unjustified due to the invalidity of the penalty notice. The Tribunal directed the deletion of the penalty, citing inconsistency with previous judgments and emphasizing the necessity of a clear and unambiguous penalty notice. en-us Wed, 17 Feb 2021 00:00:00 +0530 Tue, 02 Mar 2021 08:18:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404714 The Tribunal allowed the appeals of the assessee for three assessment years (2010-11, 2011-12, and 2012-13), holding that the penalty under Section 271(1)(c) was unjustified due to the invalidity of the penalty notice. The Tribunal directed the deletion of the penalty, citing inconsistency with previous judgments and emphasizing the necessity of a clear and unambiguous penalty notice. Case-Laws Income Tax Wed, 17 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404714