https://www.taxtmi.com/caselaws?id=65125 The Appellate Tribunal set aside penalties imposed on the assessee for late filing of returns for the assessment years 1976-77 and 1977-78. The Tribunal found that there was a reasonable cause for the delay in filing the returns, considering the non-resident status of the assessee and the difficulties in collecting information in a timely manner. The Tribunal emphasized that the mere delay in filing returns does not automatically warrant penalties and concluded that there was no conscious disregard of obligations or contumacious conduct justifying penalties. en-us Fri, 06 Nov 1981 00:00:00 +0530 Sat, 12 Feb 2011 14:31:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65125 The Appellate Tribunal set aside penalties imposed on the assessee for late filing of returns for the assessment years 1976-77 and 1977-78. The Tribunal found that there was a reasonable cause for the delay in filing the returns, considering the non-resident status of the assessee and the difficulties in collecting information in a timely manner. The Tribunal emphasized that the mere delay in filing returns does not automatically warrant penalties and concluded that there was no conscious disregard of obligations or contumacious conduct justifying penalties. Case-Laws Income Tax Fri, 06 Nov 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65125