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![Penalty can’t be levied on the basis of Vague Charges: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/12/No-Penalty-Taxscan.jpg "Penalty can’t be levied on the basis of Vague Charges: ITAT [Read Order]")
Penalty can’t be levied on the basis of Vague Charges: ITAT [Read Order]
The Pune bench of the Income Tax Appellate Tribunal (ITAT) has held that the penalty under section 271(1)(c) of the Income Tax Act cannot be levied on...