Reasonable cause exception to penalty provisions prevents imposition of penalty where the failure is satisfactorily explained. No penalty is to be imposed under the specified penalty provisions where a person or assessee proves that there was reasonable cause for the failure. The provision operates as a general exception overriding the listed penalty sections and applies to failures covered by those provisions, so long as the statutory condition of 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 exception to penalty provisions prevents imposition of penalty where the failure is satisfactorily explained.
No penalty is to be imposed under the specified penalty provisions where a person or assessee proves that there was reasonable cause for the failure. The provision operates as a general exception overriding the listed penalty sections and applies to failures covered by those provisions, so long as the statutory condition of reasonable cause is established.
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