https://www.taxtmi.com/caselaws?id=298660 The appellate tribunal allowed the appeal against penalty orders for assessment years 2008-09 to 2011-12, challenging penalty imposition under sec. 271(1)(c) of the IT Act 1961. The tribunal found the penalty notice ambiguous and referenced a similar case where penalties were quashed due to such ambiguity. Consequently, the penalties imposed were deleted, and all appeals by the assessee for the mentioned assessment years were allowed. The order, pronounced on 2nd September 2021, brought a favorable resolution to the appellant's legal challenges, resulting in the quashing of penalties. en-us Thu, 02 Sep 2021 00:00:00 +0530 Sat, 13 Nov 2021 20:27:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298660 The appellate tribunal allowed the appeal against penalty orders for assessment years 2008-09 to 2011-12, challenging penalty imposition under sec. 271(1)(c) of the IT Act 1961. The tribunal found the penalty notice ambiguous and referenced a similar case where penalties were quashed due to such ambiguity. Consequently, the penalties imposed were deleted, and all appeals by the assessee for the mentioned assessment years were allowed. The order, pronounced on 2nd September 2021, brought a favorable resolution to the appellant's legal challenges, resulting in the quashing of penalties. Case-Laws Income Tax Thu, 02 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298660