https://www.taxtmi.com/caselaws?id=356205 The penalty imposed on the assessee under section 271(1)(b) of the IT Act for the assessment year 2009-10 was deleted by the Tribunal. The Tribunal considered the assessee's compliance with notices issued, as demonstrated by the assessment order passed under section 143(3) of the IT Act. The delay in compliance was attributed to circumstances beyond the assessee's control, leading to the conclusion that there was no failure on the part of the assessee. Relying on relevant precedents, the Tribunal allowed the appeal, finding merit in the assessee's case. en-us Thu, 21 Dec 2017 00:00:00 +0530 Mon, 26 Feb 2018 17:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356205 The penalty imposed on the assessee under section 271(1)(b) of the IT Act for the assessment year 2009-10 was deleted by the Tribunal. The Tribunal considered the assessee's compliance with notices issued, as demonstrated by the assessment order passed under section 143(3) of the IT Act. The delay in compliance was attributed to circumstances beyond the assessee's control, leading to the conclusion that there was no failure on the part of the assessee. Relying on relevant precedents, the Tribunal allowed the appeal, finding merit in the assessee's case. Case-Laws Income Tax Thu, 21 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356205