https://www.taxtmi.com/caselaws?id=310666 The appeals concerning AY 2011-12, AY 2008-09, AY 2010-11, and AY 2009-10 were dismissed by the HC. The penalty notices failed to specify the applicable limb of Section 271(1)(c) of the Income Tax Act, 1961. The court held that the AO must clearly indicate the provision under which penalty proceedings are initiated. No substantial question of law was found, leading to the closure of the appeals. en-us Fri, 18 Aug 2023 00:00:00 +0530 Mon, 06 May 2024 09:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=310666 The appeals concerning AY 2011-12, AY 2008-09, AY 2010-11, and AY 2009-10 were dismissed by the HC. The penalty notices failed to specify the applicable limb of Section 271(1)(c) of the Income Tax Act, 1961. The court held that the AO must clearly indicate the provision under which penalty proceedings are initiated. No substantial question of law was found, leading to the closure of the appeals. Case-Laws Income Tax Fri, 18 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=310666