Reasonable cause prevents penalty imposition for certain tax compliance failures where proven by the assessee. Clause 470 provides that no penalty shall be imposed on a person or assessee for the listed failures if the person proves that there was reasonable cause for the failure, functioning as a statutory defence to the specified penalty provisions.
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.
Provisions expressly mentioned in the judgment/order text.
Reasonable cause prevents penalty imposition for certain tax compliance failures where proven by the assessee.
Clause 470 provides that no penalty shall be imposed on a person or assessee for the listed failures if the person proves that there was reasonable cause for the failure, functioning as a statutory defence to the specified penalty provisions.
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