https://www.taxtmi.com/caselaws?id=416328 The High Court of Bombay set aside the impugned order in an Income Tax Appeal due to the lack of clarity in the show cause notice, which invalidated the penalty proceedings under Section 271(1)(c) of the Income Tax Act, 1961. The court emphasized the importance of specificity in notices for penalty imposition, citing legal principles and precedents. en-us Wed, 22 Dec 2021 00:00:00 +0530 Mon, 17 Oct 2022 11:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416328 The High Court of Bombay set aside the impugned order in an Income Tax Appeal due to the lack of clarity in the show cause notice, which invalidated the penalty proceedings under Section 271(1)(c) of the Income Tax Act, 1961. The court emphasized the importance of specificity in notices for penalty imposition, citing legal principles and precedents. Case-Laws Income Tax Wed, 22 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416328