https://www.taxtmi.com/caselaws?id=420923 The Tribunal allowed the appeal, deleting the penalty imposed under Section 271(1)(c) of the Income Tax Act. The decision was based on the finding that the penalty notice was defective as it did not specify the charge clearly, following precedents emphasizing the need for specificity in penalty notices. The Tribunal concluded that the lack of clarity in the notice vitiated the penalty proceedings, leading to the deletion of the penalty. en-us Fri, 08 Apr 2022 00:00:00 +0530 Wed, 13 Apr 2022 08:39:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420923 The Tribunal allowed the appeal, deleting the penalty imposed under Section 271(1)(c) of the Income Tax Act. The decision was based on the finding that the penalty notice was defective as it did not specify the charge clearly, following precedents emphasizing the need for specificity in penalty notices. The Tribunal concluded that the lack of clarity in the notice vitiated the penalty proceedings, leading to the deletion of the penalty. Case-Laws Income Tax Fri, 08 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420923