Penalty Notice without specifying the Charge proves Non-application of Mind, Invalid: ITAT [Read Order]

Penalty Notice - Non-application - ITAT - Taxscan

The New Delhi bench of the ITAT has held that a penalty notice, issued in a stereotyped manner without specifying the specific limb as mentioned in section 271(1)(c) of the Income Tax Act, 1961 shall be treated as passed without applying mind which is bad in law. The assessee received penalty orders from the income…

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