https://www.taxtmi.com/caselaws?id=416216 The Appellate Tribunal ITAT DELHI ruled in favor of the assessee in an appeal against a penalty order under section 271(1)(c) of the Income Tax Act. The Tribunal held that the defective notice issued by the Assessing Officer, which did not specify the grounds for the penalty, violated principles of natural justice. As a result, the Tribunal directed the deletion of the penalty, emphasizing the importance of providing a clear and specific notice to the assessee in penalty proceedings to uphold fairness and procedural requirements. en-us Tue, 30 Nov 2021 00:00:00 +0530 Thu, 23 Dec 2021 12:10:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416216 The Appellate Tribunal ITAT DELHI ruled in favor of the assessee in an appeal against a penalty order under section 271(1)(c) of the Income Tax Act. The Tribunal held that the defective notice issued by the Assessing Officer, which did not specify the grounds for the penalty, violated principles of natural justice. As a result, the Tribunal directed the deletion of the penalty, emphasizing the importance of providing a clear and specific notice to the assessee in penalty proceedings to uphold fairness and procedural requirements. Case-Laws Income Tax Tue, 30 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416216