https://www.taxtmi.com/caselaws?id=68032 The Tribunal ruled that penalties under section 271(1)(a) for delayed filing of income tax returns for the assessment years 1980-81 and 1981-82 were not justified due to reasonable causes cited by the assessee. However, a penalty was upheld for the delay in filing the return for the assessment year 1982-83. The Tribunal emphasized that the absence of mens rea does not exempt the assessee from penalties under this section, distinguishing them from interest charges. The Tribunal allowed some appeals fully and partially based on the reasons for the delays in filing the returns for the respective assessment years. en-us Fri, 21 Feb 1992 00:00:00 +0530 Wed, 16 Mar 2011 14:51:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68032 The Tribunal ruled that penalties under section 271(1)(a) for delayed filing of income tax returns for the assessment years 1980-81 and 1981-82 were not justified due to reasonable causes cited by the assessee. However, a penalty was upheld for the delay in filing the return for the assessment year 1982-83. The Tribunal emphasized that the absence of mens rea does not exempt the assessee from penalties under this section, distinguishing them from interest charges. The Tribunal allowed some appeals fully and partially based on the reasons for the delays in filing the returns for the respective assessment years. Case-Laws Income Tax Fri, 21 Feb 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68032