https://www.taxtmi.com/caselaws?id=449888 The ITAT allowed the assessee's appeal, directing the deletion of the penalty under section 271(1)(c) of the Income-tax Act, 1961. The Tribunal found the penalty notice defective for failing to specify the charge, rendering it an omnibus notice. The delay in filing the appeal was condoned, and the penalty order was quashed, favoring the assessee. en-us Mon, 19 Feb 2024 00:00:00 +0530 Fri, 20 Feb 2026 17:21:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=449888 The ITAT allowed the assessee's appeal, directing the deletion of the penalty under section 271(1)(c) of the Income-tax Act, 1961. The Tribunal found the penalty notice defective for failing to specify the charge, rendering it an omnibus notice. The delay in filing the appeal was condoned, and the penalty order was quashed, favoring the assessee. Case-Laws Income Tax Mon, 19 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=449888