https://www.taxtmi.com/caselaws?id=294114 The Appellate Tribunal ITAT Allahabad allowed all appeals filed by the assessee against the penalty imposed under section 272A(2)(k) of the Income Tax Act for late filing of quarterly returns electronically. The tribunal considered the assessee's first-time default, attributed to technical knowledge ignorance and lack of infrastructure support, including internet connectivity issues and intermittent electricity supply. Acknowledging the challenges faced by the assessee, the tribunal concluded that this was not a suitable case for penalty imposition, leading to the decision in favor of the assessee. en-us Thu, 30 Apr 2015 00:00:00 +0530 Mon, 22 Mar 2021 09:15:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294114 The Appellate Tribunal ITAT Allahabad allowed all appeals filed by the assessee against the penalty imposed under section 272A(2)(k) of the Income Tax Act for late filing of quarterly returns electronically. The tribunal considered the assessee's first-time default, attributed to technical knowledge ignorance and lack of infrastructure support, including internet connectivity issues and intermittent electricity supply. Acknowledging the challenges faced by the assessee, the tribunal concluded that this was not a suitable case for penalty imposition, leading to the decision in favor of the assessee. Case-Laws Income Tax Thu, 30 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294114