https://www.taxtmi.com/caselaws?id=468612 Penalty proceedings under section 271(1)(c) were held unsustainable because the section 274 notice failed to specify whether the allegation was concealment of income or furnishing of inaccurate particulars. A vague or omnibus notice deprives the assessee of clear notice of the charge and prevents an effective defence, and the defect was treated as going to the root of the levy. The additional ground was allowed because the relevant facts were already on record, and the penalty could not be sustained. en-us Thu, 06 Feb 2025 00:00:00 +0530 Thu, 14 May 2026 19:45:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468612 Penalty proceedings under section 271(1)(c) were held unsustainable because the section 274 notice failed to specify whether the allegation was concealment of income or furnishing of inaccurate particulars. A vague or omnibus notice deprives the assessee of clear notice of the charge and prevents an effective defence, and the defect was treated as going to the root of the levy. The additional ground was allowed because the relevant facts were already on record, and the penalty could not be sustained. Case-Laws Income Tax Thu, 06 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468612