https://www.taxtmi.com/caselaws?id=758114 Penalty for non-compliance with income-tax notices issued during the COVID-19 pandemic was held unsustainable where the assessee showed reasonable cause under the statutory exception. The pandemic and lockdown restrictions were treated as public knowledge, and separate documentary proof of those conditions was not required. In those circumstances, the failure to furnish information was attributable to reasonable cause, so penalty for default in complying with the notices could not be sustained and was deleted in favour of the assessee. en-us Mon, 02 Sep 2024 00:00:00 +0530 Sat, 07 Sep 2024 08:19:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=758114 Penalty for non-compliance with income-tax notices issued during the COVID-19 pandemic was held unsustainable where the assessee showed reasonable cause under the statutory exception. The pandemic and lockdown restrictions were treated as public knowledge, and separate documentary proof of those conditions was not required. In those circumstances, the failure to furnish information was attributable to reasonable cause, so penalty for default in complying with the notices could not be sustained and was deleted in favour of the assessee. Case-Laws Income Tax Mon, 02 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=758114