https://www.taxtmi.com/caselaws?id=70529 The ITAT MADRAS-D upheld the AAC's decision to set aside a penalty imposed by the ITO for belated submission of the IT return, citing reasonable cause for the delay due to waiting for confirmation letters and statements from consignees. The Departmental appeal was dismissed. en-us Wed, 21 Dec 1977 00:00:00 +0530 Sat, 16 Apr 2011 16:08:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70529 The ITAT MADRAS-D upheld the AAC's decision to set aside a penalty imposed by the ITO for belated submission of the IT return, citing reasonable cause for the delay due to waiting for confirmation letters and statements from consignees. The Departmental appeal was dismissed. Case-Laws Income Tax Wed, 21 Dec 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70529