https://www.taxtmi.com/acts?id=17920 No penalty shall be imposed under the commodities transaction tax Chapter for specified failures if the assessee proves to the Assessing Officer that there was reasonable cause for the failure, and no penalty order shall be made unless the assessee has been given a reasonable opportunity of being heard. en-us Wed, 15 May 2013 10:25:54 +0530 Wed, 12 Nov 2025 18:43:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=17920 No penalty shall be imposed under the commodities transaction tax Chapter for specified failures if the assessee proves to the Assessing Officer that there was reasonable cause for the failure, and no penalty order shall be made unless the assessee has been given a reasonable opportunity of being heard. Act-Rules F. Acts / Amendment Acts Wed, 15 May 2013 10:25:54 +0530 https://www.taxtmi.com/acts?id=17920