Reasonable-cause defence prevents penalty imposition for failures when proved, and an opportunity to be heard must be provided. Section 173 bars imposition of a penalty where the assessee or e commerce operator proves to the Assessing Officer that there was reasonable cause for the ... Summary
Reasonable-cause defence prevents penalty imposition for failures when proved, and an opportunity to be heard must be provided.
Section 173 bars imposition of a penalty where the assessee or e commerce operator proves to the Assessing Officer that there was reasonable cause for the failure, and it mandates that no penalty order be made unless the assessee or e commerce operator has been given a reasonable opportunity of being heard.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
Join Channel
TaxTMI 
