https://www.taxtmi.com/caselaws?id=356427 The Tribunal allowed the appeal, canceling the penalty under section 271B for the assessment year 2008-09. The decision was based on the assessee's valid reasons for the delay in filing the return, supported by medical certificates and past compliance history, along with legal precedents supporting the filing of audit reports before completion of assessment proceedings. en-us Fri, 11 Aug 2017 00:00:00 +0530 Tue, 06 Mar 2018 06:34:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356427 The Tribunal allowed the appeal, canceling the penalty under section 271B for the assessment year 2008-09. The decision was based on the assessee's valid reasons for the delay in filing the return, supported by medical certificates and past compliance history, along with legal precedents supporting the filing of audit reports before completion of assessment proceedings. Case-Laws Income Tax Fri, 11 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356427