https://www.taxtmi.com/caselaws?id=758107 The ITAT Delhi allowed the appeal, setting aside the penalty imposed under section 271(1)(c) of the Income-tax Act, 1961, due to procedural lapses in the penalty notice issued by the Assessing Officer. The ITAT found the notice deficient as it failed to specify the offense, violating established legal principles and judicial precedents, thus directing the deletion of the penalty. en-us Thu, 29 Aug 2024 00:00:00 +0530 Fri, 06 Sep 2024 14:37:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=758107 The ITAT Delhi allowed the appeal, setting aside the penalty imposed under section 271(1)(c) of the Income-tax Act, 1961, due to procedural lapses in the penalty notice issued by the Assessing Officer. The ITAT found the notice deficient as it failed to specify the offense, violating established legal principles and judicial precedents, thus directing the deletion of the penalty. Case-Laws Income Tax Thu, 29 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=758107