https://www.taxtmi.com/caselaws?id=776245 The ITAT Delhi held that the penalty notice issued under section 270A was vague as it failed to specify how the assessee's case fell within the specific clauses of sub-sections (2) or (9) of section 270A. Following precedents from the Delhi HC and ITAT, the tribunal canceled the penalty levy due to the defective notice. The grounds raised by the assessee were allowed on this technical issue, resulting in the penalty being quashed. en-us Thu, 05 Jun 2025 00:00:00 +0530 Thu, 07 Aug 2025 07:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776245 The ITAT Delhi held that the penalty notice issued under section 270A was vague as it failed to specify how the assessee's case fell within the specific clauses of sub-sections (2) or (9) of section 270A. Following precedents from the Delhi HC and ITAT, the tribunal canceled the penalty levy due to the defective notice. The grounds raised by the assessee were allowed on this technical issue, resulting in the penalty being quashed. Case-Laws Income Tax Thu, 05 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776245