https://www.taxtmi.com/caselaws?id=407293 The Tribunal allowed the appeals, ordering the deletion of penalties imposed by the AO and confirmed by the ld. CIT(A) for the assessment years 2007-08, 2008-09, and 2009-10. The Tribunal found a reasonable cause for the delay in compliance, falling within the ambit of section 273B, and thus deleted the penalties for all three years. en-us Tue, 16 Mar 2021 00:00:00 +0530 Thu, 06 May 2021 08:40:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407293 The Tribunal allowed the appeals, ordering the deletion of penalties imposed by the AO and confirmed by the ld. CIT(A) for the assessment years 2007-08, 2008-09, and 2009-10. The Tribunal found a reasonable cause for the delay in compliance, falling within the ambit of section 273B, and thus deleted the penalties for all three years. Case-Laws Income Tax Tue, 16 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407293