https://www.taxtmi.com/highlights?id=66169 Penalty u/s 271FA - delay in filing of Form SFT as per Section 285 BFA - Since it was a statutory obligation on the part of the assessee bank to furnish AIR as a specified instruction u/s 285BA, therefore, any argument of the assessee with regard to ignorance of law or adopting casual and cavalier attitude is of no help to the assessee. - AT en-us Fri, 21 Oct 2022 10:57:18 +0530 Fri, 21 Oct 2022 10:57:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=66169 Penalty u/s 271FA - delay in filing of Form SFT as per Section 285 BFA - Since it was a statutory obligation on the part of the assessee bank to furnish AIR as a specified instruction u/s 285BA, therefore, any argument of the assessee with regard to ignorance of law or adopting casual and cavalier attitude is of no help to the assessee. - AT Highlights Income Tax Fri, 21 Oct 2022 10:57:18 +0530 https://www.taxtmi.com/highlights?id=66169