https://www.taxtmi.com/caselaws?id=61352 The tribunal annulled the penalty of Rs. 2,100 imposed by the Income Tax Officer under section 273 of the Income Tax Act, ruling in favor of the appellant due to vague and contradictory penalty proceedings, invalid estimate of advance tax, and lack of specificity in the penalty order. en-us Wed, 12 Feb 1986 00:00:00 +0530 Wed, 12 Jan 2011 13:00:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61352 The tribunal annulled the penalty of Rs. 2,100 imposed by the Income Tax Officer under section 273 of the Income Tax Act, ruling in favor of the appellant due to vague and contradictory penalty proceedings, invalid estimate of advance tax, and lack of specificity in the penalty order. Case-Laws Income Tax Wed, 12 Feb 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61352