https://www.taxtmi.com/caselaws?id=192579 The ITAT Jaipur allowed the appeal of the assessee against the penalty imposed under section 272A(2)(K) of the I.T. Act, 1961 for the assessment year 2010-11. The tribunal found that the delay in filing the return was due to genuine reasons such as ill health of the responsible employee and delayed receipt of PAN, constituting a technical breach without willful intention to violate provisions. Relying on legal provisions and precedents, the penalty was set aside, aligning with the principles of Section 273B of the Act and a previous judgment of the Hon'ble Rajasthan High Court. en-us Wed, 27 Jan 2016 00:00:00 +0530 Wed, 07 Jun 2017 06:16:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192579 The ITAT Jaipur allowed the appeal of the assessee against the penalty imposed under section 272A(2)(K) of the I.T. Act, 1961 for the assessment year 2010-11. The tribunal found that the delay in filing the return was due to genuine reasons such as ill health of the responsible employee and delayed receipt of PAN, constituting a technical breach without willful intention to violate provisions. Relying on legal provisions and precedents, the penalty was set aside, aligning with the principles of Section 273B of the Act and a previous judgment of the Hon'ble Rajasthan High Court. Case-Laws Income Tax Wed, 27 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192579