https://www.taxtmi.com/caselaws?id=185720 The Tribunal allowed the appeal, setting aside the CIT(A)'s order and deleting the penalty under section 271(1)(b) of the Income Tax Act, 1961. The Tribunal found that there was no deliberate defiance of the law by the assessee as compliance was eventually achieved after initial non-compliance. Relying on the principle that penalties should not be imposed without deliberate defiance, the Tribunal referenced similar cases and past orders where penalties were deleted for the same default. Consequently, the penalty was deleted based on the lack of deliberate non-compliance by the assessee. en-us Wed, 12 Dec 2012 00:00:00 +0530 Wed, 24 Aug 2016 13:15:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185720 The Tribunal allowed the appeal, setting aside the CIT(A)'s order and deleting the penalty under section 271(1)(b) of the Income Tax Act, 1961. The Tribunal found that there was no deliberate defiance of the law by the assessee as compliance was eventually achieved after initial non-compliance. Relying on the principle that penalties should not be imposed without deliberate defiance, the Tribunal referenced similar cases and past orders where penalties were deleted for the same default. Consequently, the penalty was deleted based on the lack of deliberate non-compliance by the assessee. Case-Laws Income Tax Wed, 12 Dec 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185720