Reasonable cause defence prevents punishment for specified income-tax compliance failures when the taxpayer proves reasonable cause. A newly inserted provision establishes that, notwithstanding applicable penal provisions in the Income-tax Act, no person shall be punishable for the specified failures if he proves that there was reasonable cause for such failure, effectively barring punishment when reasonable cause is established.
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 defence prevents punishment for specified income-tax compliance failures when the taxpayer proves reasonable cause.
A newly inserted provision establishes that, notwithstanding applicable penal provisions in the Income-tax Act, no person shall be punishable for the specified failures if he proves that there was reasonable cause for such failure, effectively barring punishment when reasonable cause is established.
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