https://www.taxtmi.com/caselaws?id=419675 The Tribunal allowed the appellant's appeal, setting aside the penalty imposed under section 272A(1)(d) of the Income Tax Act for non-compliance with a notice under section 142(1). The Tribunal found that the appellant had reasonable cause for the delay in responding to the electronic notice due to minimal business activities during the transition to e-assessment in 2019. The appellant cooperated promptly upon becoming aware of the assessment proceedings, leading to the completion of the assessment under section 143(3). Consequently, the penalty was deemed unsustainable, and the Tribunal directed its deletion by the Assessing Officer. en-us Thu, 10 Mar 2022 00:00:00 +0530 Thu, 17 Mar 2022 08:34:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419675 The Tribunal allowed the appellant's appeal, setting aside the penalty imposed under section 272A(1)(d) of the Income Tax Act for non-compliance with a notice under section 142(1). The Tribunal found that the appellant had reasonable cause for the delay in responding to the electronic notice due to minimal business activities during the transition to e-assessment in 2019. The appellant cooperated promptly upon becoming aware of the assessment proceedings, leading to the completion of the assessment under section 143(3). Consequently, the penalty was deemed unsustainable, and the Tribunal directed its deletion by the Assessing Officer. Case-Laws Income Tax Thu, 10 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419675