https://www.taxtmi.com/caselaws?id=419982 The Tribunal allowed the appeals of the assessee and directed the deletion of the penalty levied under section 271(1)(c) due to the defective notice issued under section 274. The Tribunal emphasized the necessity of specifying the exact charge in penalty notices for fairness and compliance with legal requirements. The penalty was deleted based on the invalid notice without delving into other grounds on merits. en-us Wed, 09 Mar 2022 00:00:00 +0530 Thu, 24 Mar 2022 09:22:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419982 The Tribunal allowed the appeals of the assessee and directed the deletion of the penalty levied under section 271(1)(c) due to the defective notice issued under section 274. The Tribunal emphasized the necessity of specifying the exact charge in penalty notices for fairness and compliance with legal requirements. The penalty was deleted based on the invalid notice without delving into other grounds on merits. Case-Laws Income Tax Wed, 09 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419982