https://www.taxtmi.com/caselaws?id=761178 Penalty under section 271(1)(c) was held unsustainable where the section 274 notice was issued in a pre-printed omnibus format without striking off the inapplicable limb. The notice failed to specify the precise charge, leaving both limbs open and rendering it vague and ambiguous. The defect was treated as fatal because penalty proceedings require clear identification of the exact limb invoked. As a result, the penalty proceedings were vitiated by the defective notice. en-us Fri, 25 Oct 2024 00:00:00 +0530 Tue, 05 Nov 2024 17:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=761178 Penalty under section 271(1)(c) was held unsustainable where the section 274 notice was issued in a pre-printed omnibus format without striking off the inapplicable limb. The notice failed to specify the precise charge, leaving both limbs open and rendering it vague and ambiguous. The defect was treated as fatal because penalty proceedings require clear identification of the exact limb invoked. As a result, the penalty proceedings were vitiated by the defective notice. Case-Laws Income Tax Fri, 25 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=761178