https://www.taxtmi.com/caselaws?id=442698 The ITAT allowed the appeal, setting aside the penalty imposed under section 272A(1)(d) of the Income Tax Act for non-compliance with the notice during the Assessment Year 2018-19. The ITAT found a reasonable cause for non-compliance considering the circumstances, including the Covid-19 pandemic and the partial compliance by the assessee. The penalty of Rs. 50,000 imposed by the AO was deleted, and the decision was pronounced on 28.08.2023. en-us Mon, 28 Aug 2023 00:00:00 +0530 Thu, 07 Sep 2023 23:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442698 The ITAT allowed the appeal, setting aside the penalty imposed under section 272A(1)(d) of the Income Tax Act for non-compliance with the notice during the Assessment Year 2018-19. The ITAT found a reasonable cause for non-compliance considering the circumstances, including the Covid-19 pandemic and the partial compliance by the assessee. The penalty of Rs. 50,000 imposed by the AO was deleted, and the decision was pronounced on 28.08.2023. Case-Laws Income Tax Mon, 28 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442698