https://www.taxtmi.com/acts?id=52032 Punishment is excluded where a person charged with specified tax failures proves reasonable cause; if the person adduces evidence establishing reasonable cause for the failure, penal consequences shall not be imposed, and this protection applies irrespective of anything contained in the provisions creating the failures. en-us Thu, 14 Aug 2025 18:44:29 +0530 Mon, 08 Sep 2025 16:32:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=52032 Punishment is excluded where a person charged with specified tax failures proves reasonable cause; if the person adduces evidence establishing reasonable cause for the failure, penal consequences shall not be imposed, and this protection applies irrespective of anything contained in the provisions creating the failures. Act-Rules Income Tax Thu, 14 Aug 2025 18:44:29 +0530 https://www.taxtmi.com/acts?id=52032