https://www.taxtmi.com/caselaws?id=194506 The Income Tax Appellate Tribunal (ITAT) allowed the appeals of State Bank of India branches for statistical purposes, remanding the matter to the Assessing Officer (A.O.) to provide the assessees with an opportunity to present evidence justifying the delay in compliance with notices under section 133(6) of the Income Tax Act. The ITAT found that the assessees were not given adequate opportunity to demonstrate reasonable cause for the delay, emphasizing the importance of considering such factors in penalty assessments for non-compliance. en-us Thu, 30 Apr 2015 00:00:00 +0530 Mon, 11 Sep 2017 21:37:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194506 The Income Tax Appellate Tribunal (ITAT) allowed the appeals of State Bank of India branches for statistical purposes, remanding the matter to the Assessing Officer (A.O.) to provide the assessees with an opportunity to present evidence justifying the delay in compliance with notices under section 133(6) of the Income Tax Act. The ITAT found that the assessees were not given adequate opportunity to demonstrate reasonable cause for the delay, emphasizing the importance of considering such factors in penalty assessments for non-compliance. Case-Laws Income Tax Thu, 30 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194506