https://www.taxtmi.com/caselaws?id=61649 The Tribunal affirmed penalties under Section 271B for the assessment years 1999-2000 and 2000-01, as the assessee failed to establish a reasonable cause for the delay in filing audit reports. Despite claims of improper notice and advocate error, the Tribunal found discrepancies in the explanations provided and dismissed the appeals, upholding the penalties imposed by the Revenue Authorities. en-us Fri, 21 May 2004 00:00:00 +0530 Thu, 13 Jan 2011 17:33:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61649 The Tribunal affirmed penalties under Section 271B for the assessment years 1999-2000 and 2000-01, as the assessee failed to establish a reasonable cause for the delay in filing audit reports. Despite claims of improper notice and advocate error, the Tribunal found discrepancies in the explanations provided and dismissed the appeals, upholding the penalties imposed by the Revenue Authorities. Case-Laws Income Tax Fri, 21 May 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61649