https://www.taxtmi.com/caselaws?id=792502 A penalty notice under section 274 read with section 271(1)(c) must clearly specify whether the charge is concealment of income or furnishing inaccurate particulars by striking off the irrelevant limb. A stereotyped, omnibus notice that leaves both limbs intact is vague, shows non-application of mind, and denies the assessee fair opportunity in penalty proceedings. The defective notice therefore vitiates the penalty proceedings, and the penalty order cannot be sustained. en-us Mon, 27 Apr 2026 00:00:00 +0530 Thu, 28 May 2026 18:11:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792502 A penalty notice under section 274 read with section 271(1)(c) must clearly specify whether the charge is concealment of income or furnishing inaccurate particulars by striking off the irrelevant limb. A stereotyped, omnibus notice that leaves both limbs intact is vague, shows non-application of mind, and denies the assessee fair opportunity in penalty proceedings. The defective notice therefore vitiates the penalty proceedings, and the penalty order cannot be sustained. Case-Laws Income Tax Mon, 27 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792502