https://www.taxtmi.com/caselaws?id=466399 Assessee failed to comply with statutory notices under section 142(1) and did not respond to showcause proceedings related to penalty under section 272A(1)(d); absence of any explanation or evidence meant no establishment of reasonable cause under the statutory test, and therefore the appellate authority concurred with the lower officer that penalty was properly imposed. The decision emphasizes that where the assessee remains nonresponsive despite opportunities to be heard, lack of furnished cogent reasons or proof precludes relief from penalty, resulting in dismissal of the appellant's challenge. en-us Fri, 28 Feb 2025 00:00:00 +0530 Thu, 05 Feb 2026 18:59:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466399 Assessee failed to comply with statutory notices under section 142(1) and did not respond to showcause proceedings related to penalty under section 272A(1)(d); absence of any explanation or evidence meant no establishment of reasonable cause under the statutory test, and therefore the appellate authority concurred with the lower officer that penalty was properly imposed. The decision emphasizes that where the assessee remains nonresponsive despite opportunities to be heard, lack of furnished cogent reasons or proof precludes relief from penalty, resulting in dismissal of the appellant's challenge. Case-Laws Income Tax Fri, 28 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466399