https://www.taxtmi.com/caselaws?id=431677 The tribunal ruled in favor of the appellant, holding that the penalty imposed under Section 271(1)(c) was unsustainable due to procedural flaws in the notice issuance. The tribunal emphasized the necessity for clear specification of the relevant limb of penalty proceedings to enable the assessee to respond adequately. It concluded that the penalty notice lacked precision and clarity, violating principles of natural justice. As a result, the tribunal allowed the appeal, deleting the penalty order and highlighting the importance of adherence to natural justice principles in penalty proceedings. en-us Fri, 16 Dec 2022 00:00:00 +0530 Sat, 17 Dec 2022 15:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431677 The tribunal ruled in favor of the appellant, holding that the penalty imposed under Section 271(1)(c) was unsustainable due to procedural flaws in the notice issuance. The tribunal emphasized the necessity for clear specification of the relevant limb of penalty proceedings to enable the assessee to respond adequately. It concluded that the penalty notice lacked precision and clarity, violating principles of natural justice. As a result, the tribunal allowed the appeal, deleting the penalty order and highlighting the importance of adherence to natural justice principles in penalty proceedings. Case-Laws Income Tax Fri, 16 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431677