https://www.taxtmi.com/caselaws?id=424167 The Tribunal found that the penalty notices issued to the assessee lacked specificity in specifying the exact charges for which the penalty was imposed, violating principles of natural justice. As a result, the penalty proceedings were deemed invalid. The appeal was allowed, and the impugned penalty was deleted, with the Tribunal emphasizing that discussing the merits of the penalty was unnecessary due to the flawed penalty notices. en-us Wed, 08 Jun 2022 00:00:00 +0530 Thu, 23 Jun 2022 09:24:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424167 The Tribunal found that the penalty notices issued to the assessee lacked specificity in specifying the exact charges for which the penalty was imposed, violating principles of natural justice. As a result, the penalty proceedings were deemed invalid. The appeal was allowed, and the impugned penalty was deleted, with the Tribunal emphasizing that discussing the merits of the penalty was unnecessary due to the flawed penalty notices. Case-Laws Income Tax Wed, 08 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424167