Chapter XII-DASPECIAL PROVISIONS RELATING TO TAX ON DISTRIBUTED INCOME OF DOMESTIC COMPANY FOR BUY-BACK OF SHARES (From Section 115QA to Section 115QC )
Part CProcedure for filing of return in respect of fringe benefits, assessment and payment of tax in respect thereof (From Section 115WD to Section 115WM )
Chapter XX-BREQUIREMENT AS TO MODE OF ACCEPTANCE, PAYMENT OR REPAYMENT IN CERTAIN CASES TO COUNTERACT EVASION OF TAX (From Section 269SS to Section 269TT )
Reasonable cause: proof of it prevents penalty imposition for failures under specified tax penalty provisions. No penalty shall be imposable on the person or the assessee for any failure referred to the specified provisions of the Income-tax Act if he proves that ... Summary
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Reasonable cause: proof of it prevents penalty imposition for failures under specified tax penalty provisions.
No penalty shall be imposable on the person or the assessee for any failure referred to the specified provisions of the Income-tax Act if he proves that there was reasonable cause for the said failure; the provision makes penalty imposition contingent on the absence of a proved reasonable cause.
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