https://www.taxtmi.com/caselaws?id=799935 Penalty proceedings for concealment of income or furnishing inaccurate particulars require a notice identifying the precise charge. Retaining both alternative limbs in a notice, without striking out the inapplicable limb, leaves the taxpayer unable to determine the alleged default. Under Sections 274 and 271(1)(c), this defect in initiation renders the notice invalid and prevents the consequential penalty order from being sustained. Clear communication of the applicable statutory basis is required before imposition of a penalty. en-us Fri, 18 Sep 2026 00:00:00 +0530 Tue, 29 Sep 2026 08:34:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=799935 Penalty proceedings for concealment of income or furnishing inaccurate particulars require a notice identifying the precise charge. Retaining both alternative limbs in a notice, without striking out the inapplicable limb, leaves the taxpayer unable to determine the alleged default. Under Sections 274 and 271(1)(c), this defect in initiation renders the notice invalid and prevents the consequential penalty order from being sustained. Clear communication of the applicable statutory basis is required before imposition of a penalty. Case-Laws Income Tax Fri, 18 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=799935