https://www.taxtmi.com/caselaws?id=426840 The Tribunal quashed the penalty order imposed under Section 271(1)(c) of the Income Tax Act due to a defective notice that failed to specify the charge clearly, indicating a non-application of mind by the assessing authority. The penalty of Rs. 6,00,232/- was deleted as the AO's failure to indicate the specific guilt of the assessee rendered the penalty notice defective. The Tribunal relied on relevant judicial precedents emphasizing the necessity of specifying the charge in penalty proceedings. Consequently, the appeal was allowed, and the penalty was annulled. en-us Wed, 24 Aug 2022 00:00:00 +0530 Thu, 25 Aug 2022 15:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426840 The Tribunal quashed the penalty order imposed under Section 271(1)(c) of the Income Tax Act due to a defective notice that failed to specify the charge clearly, indicating a non-application of mind by the assessing authority. The penalty of Rs. 6,00,232/- was deleted as the AO's failure to indicate the specific guilt of the assessee rendered the penalty notice defective. The Tribunal relied on relevant judicial precedents emphasizing the necessity of specifying the charge in penalty proceedings. Consequently, the appeal was allowed, and the penalty was annulled. Case-Laws Income Tax Wed, 24 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426840