https://www.taxtmi.com/caselaws?id=65709 The Tribunal canceled the penalties imposed under s. 271(1)(a) of the IT Act, 1961 for the assessment years 1970-71 and 1971-72. For the assessment year 1970-71, the penalty was canceled due to the lack of proper consideration of facts and an ambiguous order by the Income Tax Officer. For the assessment year 1971-72, the penalty was canceled as the delay in filing the return was not deliberate, and there was historical leniency towards late filings. The Tribunal found no evidence of willful default or deliberate non-compliance with statutory obligations in both cases. en-us Wed, 04 Apr 1979 00:00:00 +0530 Fri, 18 Feb 2011 14:22:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65709 The Tribunal canceled the penalties imposed under s. 271(1)(a) of the IT Act, 1961 for the assessment years 1970-71 and 1971-72. For the assessment year 1970-71, the penalty was canceled due to the lack of proper consideration of facts and an ambiguous order by the Income Tax Officer. For the assessment year 1971-72, the penalty was canceled as the delay in filing the return was not deliberate, and there was historical leniency towards late filings. The Tribunal found no evidence of willful default or deliberate non-compliance with statutory obligations in both cases. Case-Laws Income Tax Wed, 04 Apr 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65709