https://www.taxtmi.com/caselaws?id=283232 The tribunal allowed 17 appeals by 12 assesses concerning penalties under section 271(1)(b) of the Act for delayed filing of returns. The tribunal found that the penalties were not justified as the assessments were completed after scrutiny, indicating cooperation with the department. Relying on precedents, the tribunal emphasized that subsequent compliance in assessment proceedings constituted good compliance, leading to the revocation of penalties. Consequently, all penalties imposed on the assesses were overturned. en-us Thu, 30 Apr 2015 00:00:00 +0530 Fri, 13 Sep 2019 18:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=283232 The tribunal allowed 17 appeals by 12 assesses concerning penalties under section 271(1)(b) of the Act for delayed filing of returns. The tribunal found that the penalties were not justified as the assessments were completed after scrutiny, indicating cooperation with the department. Relying on precedents, the tribunal emphasized that subsequent compliance in assessment proceedings constituted good compliance, leading to the revocation of penalties. Consequently, all penalties imposed on the assesses were overturned. Case-Laws Income Tax Thu, 30 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=283232