TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Case Laws
of of All Case Laws
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Penalty under IT Act for 1971-72 cancelled due to reasonable cause.</h1> The penalty imposed under section 271(1)(a) of the IT Act for the assessment year 1971-72 was cancelled by the Appellate Tribunal ITAT CALCUTTA. The delay ... - The appeal was against a penalty of Rs. 2,323 imposed under section 271(1)(a) of the IT Act, 1961 for the assessment year 1971-72. The penalty was cancelled as the delay in filing the return was deemed to be due to a reasonable cause - the non-completion of the firm's accounts. The appeal was allowed. (Case: Appellate Tribunal ITAT CALCUTTA, Citation: 1981 (10) TMI 61 - ITAT CALCUTTA)
TaxTMI 
TaxTMI 
