https://www.taxtmi.com/caselaws?id=39532 Penalty for late filing of a return under section 271(1)(a) arises only where the default occurs without reasonable cause. The Tribunal may assess reasonable cause on the surrounding circumstances, including pre-existing departmental practice followed under the Indian Income-tax Act, 1922, even if that practice does not strictly match the old Act. Reasonable cause in this context is largely a factual determination rather than a pure question of law. On the delayed filing before the end of the assessment year, the Tribunal's view that penalty should not be sustained was not erroneous in law. en-us Mon, 17 Feb 1975 00:00:00 +0530 Sat, 17 Apr 2010 11:22:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=39532 Penalty for late filing of a return under section 271(1)(a) arises only where the default occurs without reasonable cause. The Tribunal may assess reasonable cause on the surrounding circumstances, including pre-existing departmental practice followed under the Indian Income-tax Act, 1922, even if that practice does not strictly match the old Act. Reasonable cause in this context is largely a factual determination rather than a pure question of law. On the delayed filing before the end of the assessment year, the Tribunal's view that penalty should not be sustained was not erroneous in law. Case-Laws Income Tax Mon, 17 Feb 1975 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=39532