https://www.taxtmi.com/caselaws?id=470140 A penalty notice under Section 274 read with Section 271AAB(1) must specify which clause of Section 271AAB(1) is invoked, because clauses (a), (b) and (c) prescribe distinct penalty consequences. Identification of the applicable clause gives the assessee a definite charge and an effective opportunity to respond. An unspecified notice is defective and cannot validly support a search-related penalty. A contrary ruling was distinguishable where the defective-notice objection had first been raised before the High Court, rather than before the first appellate authority. en-us Fri, 20 Feb 2026 00:00:00 +0530 Thu, 16 Jul 2026 19:02:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470140 A penalty notice under Section 274 read with Section 271AAB(1) must specify which clause of Section 271AAB(1) is invoked, because clauses (a), (b) and (c) prescribe distinct penalty consequences. Identification of the applicable clause gives the assessee a definite charge and an effective opportunity to respond. An unspecified notice is defective and cannot validly support a search-related penalty. A contrary ruling was distinguishable where the defective-notice objection had first been raised before the High Court, rather than before the first appellate authority. Case-Laws Income Tax Fri, 20 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470140