https://www.taxtmi.com/caselaws?id=404832 The Tribunal allowed the appeal in favor of the assessee, directing the Assessing Officer to delete the penalty imposed under Section 271(1)(b) of the Income Tax Act, 1961. The Tribunal found that the non-compliance was due to the non-receipt of notices, which was considered a reasonable cause for the non-compliance. The delay in filing the appeal was condoned, and the appeal was admitted for hearing. The Tribunal emphasized a liberal approach towards condonation of delay to ensure substantial justice, following the principles laid down by the Supreme Court. en-us Wed, 24 Feb 2021 00:00:00 +0530 Fri, 05 Mar 2021 09:39:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404832 The Tribunal allowed the appeal in favor of the assessee, directing the Assessing Officer to delete the penalty imposed under Section 271(1)(b) of the Income Tax Act, 1961. The Tribunal found that the non-compliance was due to the non-receipt of notices, which was considered a reasonable cause for the non-compliance. The delay in filing the appeal was condoned, and the appeal was admitted for hearing. The Tribunal emphasized a liberal approach towards condonation of delay to ensure substantial justice, following the principles laid down by the Supreme Court. Case-Laws Income Tax Wed, 24 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404832