https://www.taxtmi.com/caselaws?id=415997 The Tribunal deleted penalties imposed under Sections 271G and 271AA of the Income Tax Act. It found that the lower authorities failed to specify necessary documents and issued orders mechanically. Regarding the penalty under Section 271AA, the Tribunal held it was unjustified as it was based on different grounds than provided in the Act. The notice issued was deemed invalid for not specifying the charge, following the precedent set by the Bombay High Court. en-us Tue, 14 Dec 2021 00:00:00 +0530 Sat, 18 Dec 2021 08:47:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415997 The Tribunal deleted penalties imposed under Sections 271G and 271AA of the Income Tax Act. It found that the lower authorities failed to specify necessary documents and issued orders mechanically. Regarding the penalty under Section 271AA, the Tribunal held it was unjustified as it was based on different grounds than provided in the Act. The notice issued was deemed invalid for not specifying the charge, following the precedent set by the Bombay High Court. Case-Laws Income Tax Tue, 14 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415997