https://www.taxtmi.com/caselaws?id=469239 Penalty under section 270A(9) was held unsustainable where the order did not specify which statutory limb, from clauses (a) to (f), was invoked for the higher levy. The tribunal noted that the order only alleged under-reporting in consequence of misreporting, without identifying the precise conduct or omission attracting the misreporting category. As penalty provisions must be strictly construed, the failure to state the applicable limb showed non-application of mind and breached natural justice. The penalty was therefore quashed in favour of the assessee. en-us Thu, 29 Feb 2024 00:00:00 +0530 Thu, 11 Jun 2026 10:34:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469239 Penalty under section 270A(9) was held unsustainable where the order did not specify which statutory limb, from clauses (a) to (f), was invoked for the higher levy. The tribunal noted that the order only alleged under-reporting in consequence of misreporting, without identifying the precise conduct or omission attracting the misreporting category. As penalty provisions must be strictly construed, the failure to state the applicable limb showed non-application of mind and breached natural justice. The penalty was therefore quashed in favour of the assessee. Case-Laws Income Tax Thu, 29 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469239