High Court   dismissed the appeal against order passed by Tribunal holding that where Assessing Officer had not specified relevant portion of clause (c) in notice for initiating penalty proceedings under section 271(1)(c), notices issued under section 274 read with section 271 were invalid and therefore, impugned orders of authorities below levying penalty under section 271(1)(c) is cancelled. SLP of Revenue is dismissed. (AY. 2007-08)