https://www.taxtmi.com/caselaws?id=798841 Penalty proceedings under Section 271AAB(1) require a notice that identifies the applicable clause-(a), (b), or (c)-and the precise statutory default, because each clause prescribes distinct factual conditions and penalty rates. Section 271AAB(3) applies the notice requirement in Section 274 to these proceedings. A notice merely proposing penalty under Section 271AAB does not permit an effective defence and is invalid. Later hearing notices or the assessee's participation cannot cure the defect or create jurisdiction. Consequently, defective notice vitiates initiation and the resulting penalty. en-us Wed, 09 Sep 2026 00:00:00 +0530 Sat, 12 Sep 2026 08:41:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798841 Penalty proceedings under Section 271AAB(1) require a notice that identifies the applicable clause-(a), (b), or (c)-and the precise statutory default, because each clause prescribes distinct factual conditions and penalty rates. Section 271AAB(3) applies the notice requirement in Section 274 to these proceedings. A notice merely proposing penalty under Section 271AAB does not permit an effective defence and is invalid. Later hearing notices or the assessee's participation cannot cure the defect or create jurisdiction. Consequently, defective notice vitiates initiation and the resulting penalty. Case-Laws Income Tax Wed, 09 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798841