https://www.taxtmi.com/caselaws?id=67688 The Appellate Tribunal overturned the penalty imposed on the assessee for a delay in filing the tax return for the assessment year 1973-74. The Tribunal found valid reasons for the delay, including illness in the family of the accountant causing delays in finalizing accounts. It was noted that there was no evidence of deliberate non-compliance or dishonesty on the part of the assessee. As a result, the Tribunal canceled the penalty, ruling in favor of the assessee. en-us Thu, 13 Oct 1977 00:00:00 +0530 Sat, 12 Mar 2011 13:37:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67688 The Appellate Tribunal overturned the penalty imposed on the assessee for a delay in filing the tax return for the assessment year 1973-74. The Tribunal found valid reasons for the delay, including illness in the family of the accountant causing delays in finalizing accounts. It was noted that there was no evidence of deliberate non-compliance or dishonesty on the part of the assessee. As a result, the Tribunal canceled the penalty, ruling in favor of the assessee. Case-Laws Income Tax Thu, 13 Oct 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67688