https://www.taxtmi.com/caselaws?id=27745 The High Court of Andhra Pradesh overturned the decision of the Income-tax Appellate Tribunal to cancel the penalty imposed on the assessee for filing the return of income late. The Court emphasized that the burden of proof lies with the assessee to explain the delay adequately and criticized the Tribunal for misinterpreting the legal principles. The Court directed the Tribunal to reconsider the matter, highlighting the importance of adhering to the burden of proof and ensuring a fair opportunity for both parties to present their case. en-us Wed, 12 Dec 1979 00:00:00 +0530 Mon, 15 Feb 2010 17:19:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27745 The High Court of Andhra Pradesh overturned the decision of the Income-tax Appellate Tribunal to cancel the penalty imposed on the assessee for filing the return of income late. The Court emphasized that the burden of proof lies with the assessee to explain the delay adequately and criticized the Tribunal for misinterpreting the legal principles. The Court directed the Tribunal to reconsider the matter, highlighting the importance of adhering to the burden of proof and ensuring a fair opportunity for both parties to present their case. Case-Laws Income Tax Wed, 12 Dec 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27745