https://www.taxtmi.com/caselaws?id=755178 ITAT Pune deleted penalty u/s 270A imposed on assessee for under-reporting income due to disallowance of school charges claimed as tuition fees. The penalty notice failed to specify the particular sub-section or clause under which penalty was initiated, making it impossible for assessee to respond adequately. Following precedent in Shashikant Sukdeo Ambekar case, the tribunal held the penalty notice defective and ruled in favour of assessee. en-us Wed, 03 Jul 2024 00:00:00 +0530 Sat, 06 Jul 2024 07:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=755178 ITAT Pune deleted penalty u/s 270A imposed on assessee for under-reporting income due to disallowance of school charges claimed as tuition fees. The penalty notice failed to specify the particular sub-section or clause under which penalty was initiated, making it impossible for assessee to respond adequately. Following precedent in Shashikant Sukdeo Ambekar case, the tribunal held the penalty notice defective and ruled in favour of assessee. Case-Laws Income Tax Wed, 03 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=755178