Reasonable cause defence prevents penalty imposition when an assessee proves non-compliance arose from reasonable cause. Reasonable cause functions as a statutory defence to penalty exposure: if an assessee proves a failure occurred for a reasonable cause, the statute ... Summary
Reasonable cause defence prevents penalty imposition when an assessee proves non-compliance arose from reasonable cause.
Reasonable cause functions as a statutory defence to penalty exposure: if an assessee proves a failure occurred for a reasonable cause, the statute precludes imposition of penalty notwithstanding the general penalty provisions, placing the onus on the assessee to establish that cause.
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