https://www.taxtmi.com/caselaws?id=419682 The Tribunal canceled the penalties imposed on the appellant for non-compliance with summons under section 272A(1)(c) of the Income Tax Act, 1961 and failure to furnish information under section 133(6). The Tribunal found that there was no willful failure to comply with the summons and considered ignorance of the law as a valid excuse in certain circumstances. Despite delays in compliance, subsequent actions by the appellant led to the cancellation of the penalties in both cases. en-us Tue, 15 Mar 2022 00:00:00 +0530 Thu, 17 Mar 2022 08:34:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419682 The Tribunal canceled the penalties imposed on the appellant for non-compliance with summons under section 272A(1)(c) of the Income Tax Act, 1961 and failure to furnish information under section 133(6). The Tribunal found that there was no willful failure to comply with the summons and considered ignorance of the law as a valid excuse in certain circumstances. Despite delays in compliance, subsequent actions by the appellant led to the cancellation of the penalties in both cases. Case-Laws Income Tax Tue, 15 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419682