https://www.taxtmi.com/caselaws?id=777741 A penalty for non-compliance with notices in reassessment proceedings cannot be sustained where no effective opportunity is granted and the revenue fails to show that the default was without reasonable cause. The record showed that the assessee had sought deferment of the proceedings, yet the penalty was levied without adequate opportunity. On that basis, the penalty was deleted and the addition to the assessee's liability did not survive. en-us Tue, 26 Aug 2025 00:00:00 +0530 Thu, 04 Sep 2025 08:40:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=777741 A penalty for non-compliance with notices in reassessment proceedings cannot be sustained where no effective opportunity is granted and the revenue fails to show that the default was without reasonable cause. The record showed that the assessee had sought deferment of the proceedings, yet the penalty was levied without adequate opportunity. On that basis, the penalty was deleted and the addition to the assessee's liability did not survive. Case-Laws Income Tax Tue, 26 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=777741