https://www.taxtmi.com/caselaws?id=423425 The appeals were allowed as the penalty was imposed without proper verification and without specifying the charge in the penalty notice. The Tribunal emphasized the importance of providing the assessee with a fair opportunity to respond to the allegations and the need for clarity in penalty notices under section 271(1)(c) of the Income Tax Act. en-us Wed, 01 Jun 2022 00:00:00 +0530 Tue, 07 Jun 2022 08:36:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423425 The appeals were allowed as the penalty was imposed without proper verification and without specifying the charge in the penalty notice. The Tribunal emphasized the importance of providing the assessee with a fair opportunity to respond to the allegations and the need for clarity in penalty notices under section 271(1)(c) of the Income Tax Act. Case-Laws Income Tax Wed, 01 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423425