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<h1>Appeal allowed against penalty under IT Act; Lack of clarity and reasonable cause cited.</h1> The ITAT Jaipur allowed the appeal against a penalty of Rs. 1,000 imposed under s. 273(1)(b) of the IT Act. The tribunal found the penalty order lacked ... - The ITAT Jaipur allowed the appeal against a penalty of Rs. 1,000 imposed under s. 273(1)(b) of the IT Act. The tribunal found that the penalty order lacked clarity on the specific default and noted that the assessee had reasonable cause for filing the estimate of advance tax based on the income reported. The penalty imposed by the ITO was cancelled.