https://www.taxtmi.com/caselaws?id=785068 Penalty proceedings addressed the validity of a penalty notice that invoked both limbs of the penalty provision without striking off the inapplicable limb, resulting in an unclear specification of the charge. The judgment reasons that a notice must identify the precise charge or remove inapplicable portions to meet requirements of notice specificity and procedural fairness; because the assessing officer issued and relied on a notice that left both limbs intact yet framed the penalty as for concealment of income, the penalty was quashed and relief granted to the assessee. en-us Wed, 14 Jan 2026 00:00:00 +0530 Fri, 16 Jan 2026 08:03:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785068 Penalty proceedings addressed the validity of a penalty notice that invoked both limbs of the penalty provision without striking off the inapplicable limb, resulting in an unclear specification of the charge. The judgment reasons that a notice must identify the precise charge or remove inapplicable portions to meet requirements of notice specificity and procedural fairness; because the assessing officer issued and relied on a notice that left both limbs intact yet framed the penalty as for concealment of income, the penalty was quashed and relief granted to the assessee. Case-Laws Income Tax Wed, 14 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785068