https://www.taxtmi.com/caselaws?id=466307 Tribunal addressed levy of penalty for failure to respond to assessment notices and applied the doctrine of reasonable cause and immunity under applicable law, finding that judicial discretion may decline penalty for technical or venial breaches or where bona fide belief exists. The tribunal accepted medical and familial hardship and a change of professional representation as sufficient cause, held that similar penalties in related years were deleted, and consequently directed deletion of the penalties imposed for the assessment year in dispute. Appeal by the taxpayer allowed and penalty relief granted. en-us Fri, 28 Feb 2025 00:00:00 +0530 Sun, 01 Feb 2026 19:07:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466307 Tribunal addressed levy of penalty for failure to respond to assessment notices and applied the doctrine of reasonable cause and immunity under applicable law, finding that judicial discretion may decline penalty for technical or venial breaches or where bona fide belief exists. The tribunal accepted medical and familial hardship and a change of professional representation as sufficient cause, held that similar penalties in related years were deleted, and consequently directed deletion of the penalties imposed for the assessment year in dispute. Appeal by the taxpayer allowed and penalty relief granted. Case-Laws Income Tax Fri, 28 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466307