https://www.taxtmi.com/caselaws?id=377835 The tribunal allowed the appeal, condoning the delay in filing and directing the deletion of the entire penalty under section 271(1)(c). The tribunal emphasized the bonafide mistake of the appellant and reliance on the Tax Audit Report, aligning with relevant judicial precedents. The tribunal did not address the validity of the notice under section 271(1)(c) as the penalty was deleted on merit. en-us Thu, 28 Mar 2019 00:00:00 +0530 Wed, 03 Apr 2019 16:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377835 The tribunal allowed the appeal, condoning the delay in filing and directing the deletion of the entire penalty under section 271(1)(c). The tribunal emphasized the bonafide mistake of the appellant and reliance on the Tax Audit Report, aligning with relevant judicial precedents. The tribunal did not address the validity of the notice under section 271(1)(c) as the penalty was deleted on merit. Case-Laws Income Tax Thu, 28 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377835