https://www.taxtmi.com/caselaws?id=278091 The Appellate Tribunal ruled in favor of the assessee, emphasizing the absence of revenue loss, the procedural nature of the delay, and the genuine efforts made to comply with tax regulations despite health challenges. The decision underscored the principle that penalties for technical defaults should be reserved for deliberate violations causing actual harm to the Revenue, aligning with established legal interpretations and judgments on similar cases. en-us Mon, 09 Jan 2017 00:00:00 +0530 Wed, 09 Jan 2019 06:32:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278091 The Appellate Tribunal ruled in favor of the assessee, emphasizing the absence of revenue loss, the procedural nature of the delay, and the genuine efforts made to comply with tax regulations despite health challenges. The decision underscored the principle that penalties for technical defaults should be reserved for deliberate violations causing actual harm to the Revenue, aligning with established legal interpretations and judgments on similar cases. Case-Laws Income Tax Mon, 09 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278091