https://www.taxtmi.com/caselaws?id=795261 A penalty notice issued under section 274 read with section 271AAB must specify the applicable category of penalty because section 271AAB prescribes distinct categories with different consequences. Failure to identify the precise category prevents the assessee from responding effectively to the charge and creates an incurable defect in the initiation of penalty proceedings. Consequently, a penalty order founded on such an invalid notice is unsustainable, and the penalty was deleted. en-us Wed, 17 Jun 2026 00:00:00 +0530 Mon, 20 Jul 2026 09:37:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795261 A penalty notice issued under section 274 read with section 271AAB must specify the applicable category of penalty because section 271AAB prescribes distinct categories with different consequences. Failure to identify the precise category prevents the assessee from responding effectively to the charge and creates an incurable defect in the initiation of penalty proceedings. Consequently, a penalty order founded on such an invalid notice is unsustainable, and the penalty was deleted. Case-Laws Income Tax Wed, 17 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795261