https://www.taxtmi.com/caselaws?id=398571 The Appellate Tribunal ITAT Pune allowed the appeal of the assessee, overturning the penalty of Rs. 10,000 imposed under section 271(1)(b) of the Income Tax Act, 1961. The Tribunal found the genuine medical evidence provided by the assessee, indicating ongoing treatment for depression and anxiety disorder, as a valid reason for non-compliance with the notice under section 142(1) of the Act. As a result, the Tribunal deemed the penalty unwarranted and deleted it without further consideration of the case merits. en-us Wed, 29 Jul 2020 00:00:00 +0530 Sat, 19 Sep 2020 16:44:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398571 The Appellate Tribunal ITAT Pune allowed the appeal of the assessee, overturning the penalty of Rs. 10,000 imposed under section 271(1)(b) of the Income Tax Act, 1961. The Tribunal found the genuine medical evidence provided by the assessee, indicating ongoing treatment for depression and anxiety disorder, as a valid reason for non-compliance with the notice under section 142(1) of the Act. As a result, the Tribunal deemed the penalty unwarranted and deleted it without further consideration of the case merits. Case-Laws Income Tax Wed, 29 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398571