https://www.taxtmi.com/caselaws?id=751312 The ITAT allowed the appeal, condoning a 70-day delay in filing due to reasonable cause. The penalty of Rs. 20,000 imposed under section 271(1)(b) for non-compliance with section 142(1) notices was reduced to Rs. 10,000 by CIT(A). The ITAT deleted the remaining penalty, acknowledging the minor's incapacity and lack of additions in the assessment order, considering the Covid-19 pandemic as a factor for non-compliance. The order was pronounced on 08/04/2024. en-us Mon, 08 Apr 2024 00:00:00 +0530 Fri, 12 Apr 2024 21:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=751312 The ITAT allowed the appeal, condoning a 70-day delay in filing due to reasonable cause. The penalty of Rs. 20,000 imposed under section 271(1)(b) for non-compliance with section 142(1) notices was reduced to Rs. 10,000 by CIT(A). The ITAT deleted the remaining penalty, acknowledging the minor's incapacity and lack of additions in the assessment order, considering the Covid-19 pandemic as a factor for non-compliance. The order was pronounced on 08/04/2024. Case-Laws Income Tax Mon, 08 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=751312