https://www.taxtmi.com/caselaws?id=431891 The Tribunal quashed penalty proceedings due to a defective notice issued under Section 274 read with Section 271AAB, leading to the deletion of a penalty of Rs. 83,02,410. The appeal was partly allowed, with the Tribunal not addressing other penalty-related arguments as they became irrelevant. en-us Thu, 15 Dec 2022 00:00:00 +0530 Fri, 23 Dec 2022 09:20:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431891 The Tribunal quashed penalty proceedings due to a defective notice issued under Section 274 read with Section 271AAB, leading to the deletion of a penalty of Rs. 83,02,410. The appeal was partly allowed, with the Tribunal not addressing other penalty-related arguments as they became irrelevant. Case-Laws Income Tax Thu, 15 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431891