https://www.taxtmi.com/caselaws?id=417424 The Tribunal held that the penalty notice issued to the assessee was invalid due to its failure to specify the charge, thereby lacking jurisdiction. Consequently, the penalty levied was quashed. The Tribunal did not engage in the merits of the case as the primary issue of jurisdiction rendered it unnecessary. The adjudication applied mutatis mutandis to all the appeals for different assessment years, leading to the partial allowance of the appeals by the assessee. en-us Tue, 18 Jan 2022 00:00:00 +0530 Fri, 21 Jan 2022 21:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417424 The Tribunal held that the penalty notice issued to the assessee was invalid due to its failure to specify the charge, thereby lacking jurisdiction. Consequently, the penalty levied was quashed. The Tribunal did not engage in the merits of the case as the primary issue of jurisdiction rendered it unnecessary. The adjudication applied mutatis mutandis to all the appeals for different assessment years, leading to the partial allowance of the appeals by the assessee. Case-Laws Income Tax Tue, 18 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417424