https://www.taxtmi.com/caselaws?id=421849 The tribunal allowed the appeal of the assessee, directing the deletion of penalties imposed under section 271(1)(c) due to the lack of specificity in the notice and the bonafide nature of errors in deductions. The tribunal emphasized the importance of demonstrating inadvertent errors and adhering to legal procedures in penalty proceedings. en-us Fri, 29 Apr 2022 00:00:00 +0530 Tue, 03 May 2022 08:23:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421849 The tribunal allowed the appeal of the assessee, directing the deletion of penalties imposed under section 271(1)(c) due to the lack of specificity in the notice and the bonafide nature of errors in deductions. The tribunal emphasized the importance of demonstrating inadvertent errors and adhering to legal procedures in penalty proceedings. Case-Laws Income Tax Fri, 29 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421849