https://www.taxtmi.com/caselaws?id=794310 Penalty under section 270A was unsustainable because the show-cause notice did not specify the exact limb or clause of misreporting alleged against the assessee. The notice was left omnibus and ambiguous, with the inapplicable portion not struck off and no precise charge identified in the assessment or penalty orders. Applying the principle that a penalty notice must clearly inform the taxpayer of the allegation, the Tribunal held that such vagueness showed non-application of mind and vitiated the proceedings. The penalty was deleted. en-us Mon, 29 Jun 2026 00:00:00 +0530 Fri, 03 Jul 2026 08:49:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=794310 Penalty under section 270A was unsustainable because the show-cause notice did not specify the exact limb or clause of misreporting alleged against the assessee. The notice was left omnibus and ambiguous, with the inapplicable portion not struck off and no precise charge identified in the assessment or penalty orders. Applying the principle that a penalty notice must clearly inform the taxpayer of the allegation, the Tribunal held that such vagueness showed non-application of mind and vitiated the proceedings. The penalty was deleted. Case-Laws Income Tax Mon, 29 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=794310