https://www.taxtmi.com/caselaws?id=787569 Penalty for non-compliance with statutory notices cannot survive where the underlying assessment is set aside and remitted for de novo assessment, removing the foundation for the penalty proceedings. A show-cause notice that fails to identify the specific notices allegedly not complied with is also defective because it denies the assessee a fair opportunity to respond, contrary to principles of natural justice. On these grounds, the penalty under section 271(1)(b) was deleted. en-us Wed, 25 Feb 2026 00:00:00 +0530 Mon, 09 Mar 2026 07:53:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787569 Penalty for non-compliance with statutory notices cannot survive where the underlying assessment is set aside and remitted for de novo assessment, removing the foundation for the penalty proceedings. A show-cause notice that fails to identify the specific notices allegedly not complied with is also defective because it denies the assessee a fair opportunity to respond, contrary to principles of natural justice. On these grounds, the penalty under section 271(1)(b) was deleted. Case-Laws Income Tax Wed, 25 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787569