https://www.taxtmi.com/caselaws?id=14558 A finding that an assessee had reasonable cause for failing to file an advance-tax estimate or pay advance tax is a factual determination. Where the Tribunal accepts reasonable cause on the evidence, that conclusion does not by itself raise a referable question of law, including in relation to cancellation of penalty under section 273(b). Applying the same approach used for penalty under section 140A(3), the Court held that the controversy was confined to facts and declined to answer the reference. en-us Mon, 23 Oct 2000 00:00:00 +0530 Fri, 17 Jul 2009 11:41:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14558 A finding that an assessee had reasonable cause for failing to file an advance-tax estimate or pay advance tax is a factual determination. Where the Tribunal accepts reasonable cause on the evidence, that conclusion does not by itself raise a referable question of law, including in relation to cancellation of penalty under section 273(b). Applying the same approach used for penalty under section 140A(3), the Court held that the controversy was confined to facts and declined to answer the reference. Case-Laws Income Tax Mon, 23 Oct 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14558