https://www.taxtmi.com/caselaws?id=471183 Penalty notices for concealment of income or furnishing inaccurate particulars must specify the exact charge by striking out the inapplicable statutory limb. Retaining both alternatives without clarification fails to give the taxpayer clear notice of the allegation and impairs an effective defence. Such ambiguity vitiates initiation of penalty proceedings. The defect applied to both assessment years, rendering the penalty notices invalid and the penalties unsustainable; the penalties were deleted. en-us Mon, 10 Mar 2025 00:00:00 +0530 Mon, 24 Aug 2026 18:59:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471183 Penalty notices for concealment of income or furnishing inaccurate particulars must specify the exact charge by striking out the inapplicable statutory limb. Retaining both alternatives without clarification fails to give the taxpayer clear notice of the allegation and impairs an effective defence. Such ambiguity vitiates initiation of penalty proceedings. The defect applied to both assessment years, rendering the penalty notices invalid and the penalties unsustainable; the penalties were deleted. Case-Laws Income Tax Mon, 10 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471183