https://www.taxtmi.com/caselaws?id=417124 The Tribunal allowed the appeal, deleting the penalty u/s. 271(1)(b) imposed by the ld. CIT(A) for A.Y. 2011-12. The appellant's relocation from Jaipur to Guwahati, coupled with filing the return with the Guwahati office, constituted a reasonable cause for non-compliance with the notices issued by the Assessing Officer. The Tribunal accepted the appellant's bonafide explanation, leading to the deletion of the penalty under Section 273B of the Income Tax Act, 1961. en-us Fri, 07 Jan 2022 00:00:00 +0530 Sat, 15 Jan 2022 08:50:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417124 The Tribunal allowed the appeal, deleting the penalty u/s. 271(1)(b) imposed by the ld. CIT(A) for A.Y. 2011-12. The appellant's relocation from Jaipur to Guwahati, coupled with filing the return with the Guwahati office, constituted a reasonable cause for non-compliance with the notices issued by the Assessing Officer. The Tribunal accepted the appellant's bonafide explanation, leading to the deletion of the penalty under Section 273B of the Income Tax Act, 1961. Case-Laws Income Tax Fri, 07 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417124