https://www.taxtmi.com/caselaws?id=63663 The Tribunal upheld the penalties imposed on the assessees for late filing of returns under section 271(1)(a) of the IT Act, 1961. The delay was not adequately explained, with the Tribunal emphasizing that the onus is on the assessee to prove sufficient cause for late filing. Legal precedents were cited to support the decision, and the Tribunal found the notices for penalties to be valid. The penalties were upheld for complete months of delay, with the ITO directed to compute them in each case. en-us Sat, 05 Jan 1985 00:00:00 +0530 Tue, 01 Feb 2011 12:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63663 The Tribunal upheld the penalties imposed on the assessees for late filing of returns under section 271(1)(a) of the IT Act, 1961. The delay was not adequately explained, with the Tribunal emphasizing that the onus is on the assessee to prove sufficient cause for late filing. Legal precedents were cited to support the decision, and the Tribunal found the notices for penalties to be valid. The penalties were upheld for complete months of delay, with the ITO directed to compute them in each case. Case-Laws Income Tax Sat, 05 Jan 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63663