https://www.taxtmi.com/caselaws?id=36509 The High Court of Allahabad ruled in favor of the assessee in a case concerning the levy of penalty under section 271(1)(c) of the Income Tax Act, 1961. The Court held that the assessee was not properly informed of the charges under the Explanation to section 271(1)(c), rendering the penalty unjustified. It emphasized the burden of proof on the assessee to demonstrate the absence of fraud or negligence. The Court confirmed the cancellation of the penalty, highlighting the significance of due process and burden of proof in penalty proceedings. en-us Wed, 19 Jul 1978 00:00:00 +0530 Mon, 22 Mar 2010 17:17:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36509 The High Court of Allahabad ruled in favor of the assessee in a case concerning the levy of penalty under section 271(1)(c) of the Income Tax Act, 1961. The Court held that the assessee was not properly informed of the charges under the Explanation to section 271(1)(c), rendering the penalty unjustified. It emphasized the burden of proof on the assessee to demonstrate the absence of fraud or negligence. The Court confirmed the cancellation of the penalty, highlighting the significance of due process and burden of proof in penalty proceedings. Case-Laws Income Tax Wed, 19 Jul 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36509