https://www.taxtmi.com/caselaws?id=440621 A search-related penalty notice under section 271AAB was treated as valid because, read as a whole, it clearly conveyed that penalty under that self-contained provision was proposed; a reference to section 271 did not nullify the charge, and the objection of non-application of mind failed. The challenge that section 292BB cured the defect was therefore unnecessary to sustain the notice. The separate objection that approval for the penalty order was mechanical also failed, as no material showed any statutory infirmity in the approval process. On that basis, the penalty under section 271AAB was sustained and the assessee's challenge failed on all grounds. en-us Thu, 01 Dec 2022 00:00:00 +0530 Fri, 21 Jul 2023 11:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=440621 A search-related penalty notice under section 271AAB was treated as valid because, read as a whole, it clearly conveyed that penalty under that self-contained provision was proposed; a reference to section 271 did not nullify the charge, and the objection of non-application of mind failed. The challenge that section 292BB cured the defect was therefore unnecessary to sustain the notice. The separate objection that approval for the penalty order was mechanical also failed, as no material showed any statutory infirmity in the approval process. On that basis, the penalty under section 271AAB was sustained and the assessee's challenge failed on all grounds. Case-Laws Income Tax Thu, 01 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=440621