https://www.taxtmi.com/caselaws?id=776998 ITAT (Hyderabad) set aside penalty levied u/s 272A(1)(c) for non-compliance with summons u/s 131, finding the assessee's prolonged illness and subsequent death constituted a bonafide cause under s.273B. The AO had completed assessment u/s 143(3) after receiving the required information, but CIT(A) erred in sustaining the penalty without due regard to these facts. Decision: penalty deleted and appeal allowed in favour of the assessee. en-us Wed, 20 Aug 2025 00:00:00 +0530 Fri, 22 Aug 2025 08:33:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776998 ITAT (Hyderabad) set aside penalty levied u/s 272A(1)(c) for non-compliance with summons u/s 131, finding the assessee's prolonged illness and subsequent death constituted a bonafide cause under s.273B. The AO had completed assessment u/s 143(3) after receiving the required information, but CIT(A) erred in sustaining the penalty without due regard to these facts. Decision: penalty deleted and appeal allowed in favour of the assessee. Case-Laws Income Tax Wed, 20 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776998