https://www.taxtmi.com/caselaws?id=436303 A penalty under section 271(1)(c) is not sustainable where the notice under section 274 does not specify whether the charge is concealment of income or furnishing of inaccurate particulars. An omnibus notice that fails to strike off the irrelevant limb is vague and does not validly communicate the basis of proposed penalty, so ambiguity operates in favour of the assessee and vitiates the proceedings. en-us Fri, 24 Feb 2023 00:00:00 +0530 Fri, 07 Apr 2023 18:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436303 A penalty under section 271(1)(c) is not sustainable where the notice under section 274 does not specify whether the charge is concealment of income or furnishing of inaccurate particulars. An omnibus notice that fails to strike off the irrelevant limb is vague and does not validly communicate the basis of proposed penalty, so ambiguity operates in favour of the assessee and vitiates the proceedings. Case-Laws Income Tax Fri, 24 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436303