https://www.taxtmi.com/caselaws?id=428026 The appeal filed by the assessee was allowed for statistical purposes, and the matter was remanded back to the Commissioner of Income-tax (Appeals) for fresh adjudication, considering the reasonable cause for non-compliance under Section 273B of the Income-tax Act, 1961. The Tribunal emphasized the importance of assessing whether there was a reasonable cause for the non-compliance and directed the CIT(A) to provide a proper opportunity for the assessee to be heard and to consider the evidence submitted in defense before determining the applicability of the penalty under Section 272A(1)(d). en-us Mon, 19 Sep 2022 00:00:00 +0530 Thu, 22 Sep 2022 07:40:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=428026 The appeal filed by the assessee was allowed for statistical purposes, and the matter was remanded back to the Commissioner of Income-tax (Appeals) for fresh adjudication, considering the reasonable cause for non-compliance under Section 273B of the Income-tax Act, 1961. The Tribunal emphasized the importance of assessing whether there was a reasonable cause for the non-compliance and directed the CIT(A) to provide a proper opportunity for the assessee to be heard and to consider the evidence submitted in defense before determining the applicability of the penalty under Section 272A(1)(d). Case-Laws Income Tax Mon, 19 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=428026