https://www.taxtmi.com/caselaws?id=70170 Penalty for belated filing under section 271(1)(a) was held unjustified where the assessee explained that, after retirement, he had to rely on his former office for leave-salary particulars and to trace a misplaced income-tax file. The delay was not found to reflect conscious neglect, deliberate default, or wanton disregard of the filing obligation. On those facts, the explanation was accepted as reasonable cause and the penalty was cancelled. en-us Fri, 08 Jun 1979 00:00:00 +0530 Thu, 14 Apr 2011 16:58:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70170 Penalty for belated filing under section 271(1)(a) was held unjustified where the assessee explained that, after retirement, he had to rely on his former office for leave-salary particulars and to trace a misplaced income-tax file. The delay was not found to reflect conscious neglect, deliberate default, or wanton disregard of the filing obligation. On those facts, the explanation was accepted as reasonable cause and the penalty was cancelled. Case-Laws Income Tax Fri, 08 Jun 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70170