https://www.taxtmi.com/caselaws?id=66993 Penalty under section 273(c) was held unsustainable where the assessee failed to file a revised estimate of advance tax under section 212(3A) because the notice had been served in the deceased's individual name and the family bona fide believed it did not concern the Hindu undivided family. That mistaken but reasonable belief constituted reasonable cause for the default, so the penalty was cancelled. en-us Wed, 23 Apr 1980 00:00:00 +0530 Tue, 08 Mar 2011 16:29:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66993 Penalty under section 273(c) was held unsustainable where the assessee failed to file a revised estimate of advance tax under section 212(3A) because the notice had been served in the deceased's individual name and the family bona fide believed it did not concern the Hindu undivided family. That mistaken but reasonable belief constituted reasonable cause for the default, so the penalty was cancelled. Case-Laws Income Tax Wed, 23 Apr 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66993