https://www.taxtmi.com/caselaws?id=434286 The Tribunal allowed the assessee's appeal and dismissed the Revenue's appeal regarding a penalty imposed under section 271AAA of the Income-tax Act, 1961 for the assessment year 2011-12. The penalty notice issued under the wrong section and the inclusion of incorrect limbs for penalty imposition under section 271AAA rendered the penalty order void. The Tribunal emphasized the importance of a clear charge in the notice for a valid penalty order, setting aside the penalty order and the impugned decision. en-us Thu, 16 Feb 2023 00:00:00 +0530 Wed, 05 Apr 2023 16:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=434286 The Tribunal allowed the assessee's appeal and dismissed the Revenue's appeal regarding a penalty imposed under section 271AAA of the Income-tax Act, 1961 for the assessment year 2011-12. The penalty notice issued under the wrong section and the inclusion of incorrect limbs for penalty imposition under section 271AAA rendered the penalty order void. The Tribunal emphasized the importance of a clear charge in the notice for a valid penalty order, setting aside the penalty order and the impugned decision. Case-Laws Income Tax Thu, 16 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=434286