https://www.taxtmi.com/caselaws?id=62173 The Appellate Tribunal held that the penalty under section 271(1)(a) of the Income Tax Act was not justified in this case. The Tribunal found that the assessee had shown reasonable cause for the delay in filing the return, including the illness of the accountant. Consequently, the penalty imposed by the Income Tax Officer and upheld by the Appellate Assistant Commissioner was canceled, and the appeal by the assessee was allowed. en-us Fri, 11 Mar 1983 00:00:00 +0530 Tue, 18 Jan 2011 13:52:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62173 The Appellate Tribunal held that the penalty under section 271(1)(a) of the Income Tax Act was not justified in this case. The Tribunal found that the assessee had shown reasonable cause for the delay in filing the return, including the illness of the accountant. Consequently, the penalty imposed by the Income Tax Officer and upheld by the Appellate Assistant Commissioner was canceled, and the appeal by the assessee was allowed. Case-Laws Income Tax Fri, 11 Mar 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62173