https://www.taxtmi.com/caselaws?id=469046 Penalty under section 271(1)(c) cannot be sustained where the section 274 notice does not specify whether the charge is concealment of income or furnishing inaccurate particulars; a vague notice denies the assessee a proper defence and is contrary to natural justice, so the penalty notice is invalid. Where a donation claim is fully disclosed in the return and the dispute concerns only its allowability, a bona fide but unsuccessful claim does not by itself justify penalty. On the stated facts, the penalty was deleted and did not survive. en-us Tue, 18 Oct 2022 00:00:00 +0530 Mon, 01 Jun 2026 11:22:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469046 Penalty under section 271(1)(c) cannot be sustained where the section 274 notice does not specify whether the charge is concealment of income or furnishing inaccurate particulars; a vague notice denies the assessee a proper defence and is contrary to natural justice, so the penalty notice is invalid. Where a donation claim is fully disclosed in the return and the dispute concerns only its allowability, a bona fide but unsuccessful claim does not by itself justify penalty. On the stated facts, the penalty was deleted and did not survive. Case-Laws Income Tax Tue, 18 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469046