https://www.taxtmi.com/caselaws?id=327233 The Tribunal dismissed all appeals, confirming penalties under Sec.271BA for the assessee's failure to furnish the required report under Sec.92E. The judgment highlighted the importance of complying with statutory obligations and upheld penalties for all assessment years, citing lack of reasonable cause and evidence of timely compliance. The decision reflected a strict stance on penalties for non-compliance with tax regulations. en-us Fri, 29 Apr 2016 00:00:00 +0530 Fri, 06 May 2016 13:22:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=327233 The Tribunal dismissed all appeals, confirming penalties under Sec.271BA for the assessee's failure to furnish the required report under Sec.92E. The judgment highlighted the importance of complying with statutory obligations and upheld penalties for all assessment years, citing lack of reasonable cause and evidence of timely compliance. The decision reflected a strict stance on penalties for non-compliance with tax regulations. Case-Laws Income Tax Fri, 29 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=327233