https://www.taxtmi.com/caselaws?id=789890 Penalty under section 271(1)(c) was held invalid where initiation and levy proceeded on different limbs, because a penalty notice must specify the precise charge so the assessee can meet it and the requirement of certainty and natural justice is satisfied. The document also states that, for the years covered by the pre-amended law, penalty could not be sustained on additions made under the normal provisions when tax was finally determined under section 115JB; the later amendment was prospective and did not apply. The penalty orders were therefore set aside. en-us Wed, 25 Mar 2026 00:00:00 +0530 Thu, 16 Apr 2026 08:34:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789890 Penalty under section 271(1)(c) was held invalid where initiation and levy proceeded on different limbs, because a penalty notice must specify the precise charge so the assessee can meet it and the requirement of certainty and natural justice is satisfied. The document also states that, for the years covered by the pre-amended law, penalty could not be sustained on additions made under the normal provisions when tax was finally determined under section 115JB; the later amendment was prospective and did not apply. The penalty orders were therefore set aside. Case-Laws Income Tax Wed, 25 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789890