https://www.taxtmi.com/caselaws?id=430053 The Tribunal ruled in favor of the Assessee, directing the Assessing Officer to delete the penalty imposed under section 271(1)(c) due to the lack of specificity in the penalty initiation notice, rendering the penalty proceedings invalid. en-us Fri, 04 Nov 2022 00:00:00 +0530 Thu, 10 Nov 2022 09:07:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430053 The Tribunal ruled in favor of the Assessee, directing the Assessing Officer to delete the penalty imposed under section 271(1)(c) due to the lack of specificity in the penalty initiation notice, rendering the penalty proceedings invalid. Case-Laws Income Tax Fri, 04 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430053