https://www.taxtmi.com/caselaws?id=781186 ITAT Del (AT) upheld deletion of penalty under s.271(1)(c) and s.270A, finding AO's show-cum-penalty notices defective for not specifying the limb of the provision relied upon or pinpointing concealment; voluntary disclosure in search proceedings was accepted and no attempt to conceal was shown. Reliance on precedents of Delhi HC, Gujarat HC and SC reinforced that vague notices vitiate penalty proceedings. Revenue's appeals were dismissed and AO directed to delete the penalties. en-us Mon, 10 Nov 2025 00:00:00 +0530 Tue, 11 Nov 2025 15:38:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781186 ITAT Del (AT) upheld deletion of penalty under s.271(1)(c) and s.270A, finding AO's show-cum-penalty notices defective for not specifying the limb of the provision relied upon or pinpointing concealment; voluntary disclosure in search proceedings was accepted and no attempt to conceal was shown. Reliance on precedents of Delhi HC, Gujarat HC and SC reinforced that vague notices vitiate penalty proceedings. Revenue's appeals were dismissed and AO directed to delete the penalties. Case-Laws Income Tax Mon, 10 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781186