https://www.taxtmi.com/caselaws?id=450882 The Tribunal allowed the appeal, overturning the penalty imposed under Sec. 271A by the A.O. The Tribunal found that the educational institution had maintained its books of accounts, as evidenced by documents submitted during the assessment. The Tribunal accepted the appellant's justification for the 14-day delay in filing the appeal due to a relative's death, condoning the delay and vacating the penalty. en-us Wed, 13 Mar 2024 00:00:00 +0530 Fri, 15 Mar 2024 07:54:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=450882 The Tribunal allowed the appeal, overturning the penalty imposed under Sec. 271A by the A.O. The Tribunal found that the educational institution had maintained its books of accounts, as evidenced by documents submitted during the assessment. The Tribunal accepted the appellant's justification for the 14-day delay in filing the appeal due to a relative's death, condoning the delay and vacating the penalty. Case-Laws Income Tax Wed, 13 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=450882