https://www.taxtmi.com/caselaws?id=409533 The Tribunal found that penalty proceedings under section 271(1)(c) of the Income-tax Act were invalid due to a vague notice and lack of proper assessment by the Assessing Officer. The penalty imposed on the assessee was deleted, and the appeal was allowed, overturning the decision of the Commissioner of Income-tax (Appeals). The judgment was pronounced on July 9, 2021. en-us Fri, 09 Jul 2021 00:00:00 +0530 Sat, 10 Jul 2021 08:39:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409533 The Tribunal found that penalty proceedings under section 271(1)(c) of the Income-tax Act were invalid due to a vague notice and lack of proper assessment by the Assessing Officer. The penalty imposed on the assessee was deleted, and the appeal was allowed, overturning the decision of the Commissioner of Income-tax (Appeals). The judgment was pronounced on July 9, 2021. Case-Laws Income Tax Fri, 09 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409533