https://www.taxtmi.com/caselaws?id=470965 Penalty proceedings for concealment of income or furnishing inaccurate particulars require an independent statutory notice that clearly specifies the precise charge. Where neither the assessment order identifies the applicable limb of section 271(1)(c) nor the notice strikes out the inapplicable charge, the notice is omnibus and vague. Failure to provide this specification denies the assessee clear notice of the allegation and vitiates the penalty proceedings. Penalty imposed under section 271(1)(c) is therefore quashed where the charge remains unspecified. en-us Thu, 27 Mar 2025 00:00:00 +0530 Mon, 17 Aug 2026 08:37:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470965 Penalty proceedings for concealment of income or furnishing inaccurate particulars require an independent statutory notice that clearly specifies the precise charge. Where neither the assessment order identifies the applicable limb of section 271(1)(c) nor the notice strikes out the inapplicable charge, the notice is omnibus and vague. Failure to provide this specification denies the assessee clear notice of the allegation and vitiates the penalty proceedings. Penalty imposed under section 271(1)(c) is therefore quashed where the charge remains unspecified. Case-Laws Income Tax Thu, 27 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470965