https://www.taxtmi.com/caselaws?id=795005 A notice under Section 274 for penalty under Section 271(1)(c) must specify the precise charge-concealment of income particulars or furnishing inaccurate particulars-by deleting the inapplicable alternative. Retaining both limbs makes the notice vague, denies a specific opportunity to respond, and breaches principles of natural justice. The stated analysis treats this defect as substantive, invalidating the penalty proceedings from their inception. Accordingly, the discussed notice was treated as invalid, the consequential penalty proceedings were quashed, and the penalty was deleted. en-us Fri, 10 Jul 2026 00:00:00 +0530 Wed, 15 Jul 2026 08:21:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795005 A notice under Section 274 for penalty under Section 271(1)(c) must specify the precise charge-concealment of income particulars or furnishing inaccurate particulars-by deleting the inapplicable alternative. Retaining both limbs makes the notice vague, denies a specific opportunity to respond, and breaches principles of natural justice. The stated analysis treats this defect as substantive, invalidating the penalty proceedings from their inception. Accordingly, the discussed notice was treated as invalid, the consequential penalty proceedings were quashed, and the penalty was deleted. Case-Laws Income Tax Fri, 10 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795005