https://www.taxtmi.com/caselaws?id=445020 The HC condoned a 387-day delay in re-filing an appeal without opposition. The case involved a challenge to a penalty order under Section 271AA of the Income Tax Act, 1961, for the Assessment Year 2014-15. The Income Tax Appellate Tribunal had favored the respondent, a joint venture, by deleting an addition related to a tunnel-boring machine purchase. The Tribunal's decision was based on the shareholding structure and the reasonable cause defense under Section 273B. The HC upheld the Tribunal's decision, finding no substantial question of law, and closed the appeal. en-us Tue, 12 Sep 2023 00:00:00 +0530 Fri, 20 Feb 2026 17:21:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=445020 The HC condoned a 387-day delay in re-filing an appeal without opposition. The case involved a challenge to a penalty order under Section 271AA of the Income Tax Act, 1961, for the Assessment Year 2014-15. The Income Tax Appellate Tribunal had favored the respondent, a joint venture, by deleting an addition related to a tunnel-boring machine purchase. The Tribunal's decision was based on the shareholding structure and the reasonable cause defense under Section 273B. The HC upheld the Tribunal's decision, finding no substantial question of law, and closed the appeal. Case-Laws Income Tax Tue, 12 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=445020