https://www.taxtmi.com/caselaws?id=13859 HC upheld the tax authorities' decision not to levy penalties and to drop proceedings, holding judicial interference in a writ petition is limited and permissible only where conclusions are perverse or made without relevant consideration. The court found no justification to apply section 273A criteria to cases governed by section 273B, recognised "reasonable cause" depends on facts and is judged by ordinary prudence, and accepted practical difficulties in pursuing individual employees. Transactional tax and interest were recovered by grossing up; the writ petition was disposed of. en-us Fri, 16 Mar 2001 00:00:00 +0530 Mon, 06 Oct 2025 12:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13859 HC upheld the tax authorities' decision not to levy penalties and to drop proceedings, holding judicial interference in a writ petition is limited and permissible only where conclusions are perverse or made without relevant consideration. The court found no justification to apply section 273A criteria to cases governed by section 273B, recognised "reasonable cause" depends on facts and is judged by ordinary prudence, and accepted practical difficulties in pursuing individual employees. Transactional tax and interest were recovered by grossing up; the writ petition was disposed of. Case-Laws Income Tax Fri, 16 Mar 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13859