https://www.taxtmi.com/caselaws?id=757792 Penalty proceedings under section 271(1)(c) require the assessing authority to indicate, at least broadly, which limb of the provision is being invoked against the assessee. The text notes that the assessment order did not specify whether the allegation related to concealment or furnishing inaccurate particulars, and this defect was treated as material. It also refers to cessation or remission of liability under section 41(1) as part of the underlying context. The Special Leave Petition was dismissed after delay was condoned. en-us Wed, 14 Aug 2024 00:00:00 +0530 Fri, 01 May 2026 13:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=757792 Penalty proceedings under section 271(1)(c) require the assessing authority to indicate, at least broadly, which limb of the provision is being invoked against the assessee. The text notes that the assessment order did not specify whether the allegation related to concealment or furnishing inaccurate particulars, and this defect was treated as material. It also refers to cessation or remission of liability under section 41(1) as part of the underlying context. The Special Leave Petition was dismissed after delay was condoned. Case-Laws Income Tax Wed, 14 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=757792