ITAT quashes penalty notice as it hadn’t spelt out fault of assessee against which penalty was levy

INCOME TAX : Where in penalty notice, Assessing Officer had not spelt out what was fault for which assessee was being proceeded against for levy of penalty, notice was vague; hence, penalty order was also bad

from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000194868/itat-quashes-penalty-notice-as-it-hadn’t-spelt-out-fault-of-assessee-against-which-penalty-was-levy.aspx