https://www.taxtmi.com/caselaws?id=382011 The Tribunal upheld the penalty imposed under section 272A(2)(c) of the Income Tax Act, dismissing the appeal. It found the ITO (Intelligence) had jurisdiction to issue the notice under section 133(6), the penalty order was timely under section 275(1)(c), and the assessee failed to provide a reasonable cause for non-compliance. The decision affirmed the CIT(A)'s ruling and aligned with previous cases at the Cochin Bench of the Tribunal. en-us Thu, 20 Jun 2019 00:00:00 +0530 Mon, 24 Jun 2019 07:34:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382011 The Tribunal upheld the penalty imposed under section 272A(2)(c) of the Income Tax Act, dismissing the appeal. It found the ITO (Intelligence) had jurisdiction to issue the notice under section 133(6), the penalty order was timely under section 275(1)(c), and the assessee failed to provide a reasonable cause for non-compliance. The decision affirmed the CIT(A)'s ruling and aligned with previous cases at the Cochin Bench of the Tribunal. Case-Laws Income Tax Thu, 20 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382011