https://www.taxtmi.com/caselaws?id=775790 A penalty notice under section 274 must specify whether the alleged default is concealment of income or furnishing inaccurate particulars of income by striking off the inapplicable limb. A notice issued mechanically without identifying the exact charge reflects non-application of mind and is invalid. Penalty under section 271(1)(c) founded on such a defective notice cannot be sustained, so the consequential penalty order is unsustainable. en-us Tue, 29 Jul 2025 00:00:00 +0530 Thu, 31 Jul 2025 08:17:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=775790 A penalty notice under section 274 must specify whether the alleged default is concealment of income or furnishing inaccurate particulars of income by striking off the inapplicable limb. A notice issued mechanically without identifying the exact charge reflects non-application of mind and is invalid. Penalty under section 271(1)(c) founded on such a defective notice cannot be sustained, so the consequential penalty order is unsustainable. Case-Laws Income Tax Tue, 29 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=775790