https://www.taxtmi.com/caselaws?id=446344 ITAT Mumbai deleted penalty imposed under section 271(1)(c) after finding the penalty notice under section 274 invalid due to non-striking of irrelevant limb. The tribunal held that failure to strike off irrelevant provisions in the notice creates vagueness and ambiguity, violating mandatory conditions and principles of natural justice. Following Bombay HC precedent in Mohd. Farhan A. Shaikh, the tribunal ruled that assessee must be aware of exact charges to properly defend themselves. The non-specification vitiated entire penalty proceedings, requiring deletion of penalty confirmed by CIT(A). en-us Fri, 27 Oct 2023 00:00:00 +0530 Thu, 30 Nov 2023 10:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=446344 ITAT Mumbai deleted penalty imposed under section 271(1)(c) after finding the penalty notice under section 274 invalid due to non-striking of irrelevant limb. The tribunal held that failure to strike off irrelevant provisions in the notice creates vagueness and ambiguity, violating mandatory conditions and principles of natural justice. Following Bombay HC precedent in Mohd. Farhan A. Shaikh, the tribunal ruled that assessee must be aware of exact charges to properly defend themselves. The non-specification vitiated entire penalty proceedings, requiring deletion of penalty confirmed by CIT(A). Case-Laws Income Tax Fri, 27 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=446344