https://www.taxtmi.com/caselaws?id=461530 ITAT Delhi set aside penalty imposed u/s 271(1)(c) due to defective notice u/s 274. The AO failed to specify the charge or strike off irrelevant portions in the penalty notice, creating an omnibus notice that suffered from vagueness. Following the precedent in Mohd. Farhan A. Shaik case, the tribunal held that the assessee must be properly informed of penalty grounds through statutory notice. The defective notice rendered the penalty proceedings invalid, and the matter was decided in favor of the assessee. en-us Fri, 21 Oct 2022 00:00:00 +0530 Fri, 11 Apr 2025 17:03:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=461530 ITAT Delhi set aside penalty imposed u/s 271(1)(c) due to defective notice u/s 274. The AO failed to specify the charge or strike off irrelevant portions in the penalty notice, creating an omnibus notice that suffered from vagueness. Following the precedent in Mohd. Farhan A. Shaik case, the tribunal held that the assessee must be properly informed of penalty grounds through statutory notice. The defective notice rendered the penalty proceedings invalid, and the matter was decided in favor of the assessee. Case-Laws Income Tax Fri, 21 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=461530