https://www.taxtmi.com/caselaws?id=426657 The Appellate Tribunal held that a penalty imposed under section 271(1)(c) of the Income Tax Act without specifying the charge in the notice is invalid. Emphasizing the importance of a clear charge for fairness, the Tribunal referred to legal precedents and ruled in favor of the appellant, deeming the penalty illegal and ordering its deletion. The Tribunal highlighted the need for specificity in penalty notices to enable proper defense and ensure adherence to natural justice principles in penalty proceedings. en-us Mon, 04 Jul 2022 00:00:00 +0530 Mon, 22 Aug 2022 23:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426657 The Appellate Tribunal held that a penalty imposed under section 271(1)(c) of the Income Tax Act without specifying the charge in the notice is invalid. Emphasizing the importance of a clear charge for fairness, the Tribunal referred to legal precedents and ruled in favor of the appellant, deeming the penalty illegal and ordering its deletion. The Tribunal highlighted the need for specificity in penalty notices to enable proper defense and ensure adherence to natural justice principles in penalty proceedings. Case-Laws Income Tax Mon, 04 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426657