https://www.taxtmi.com/caselaws?id=391252 The Tribunal allowed the appeal, holding that the penalty under Section 271B was not justified due to the reasonable cause and technical nature of the default, and directed the revenue authorities to delete the penalty of Rs. 27,505. en-us Tue, 21 Jan 2020 00:00:00 +0530 Thu, 23 Jan 2020 13:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391252 The Tribunal allowed the appeal, holding that the penalty under Section 271B was not justified due to the reasonable cause and technical nature of the default, and directed the revenue authorities to delete the penalty of Rs. 27,505. Case-Laws Income Tax Tue, 21 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391252