https://www.taxtmi.com/caselaws?id=786834 Reasonable cause under section 273B was found where the assessee showed bona fide, non deliberate failure to comply with a single notice under section 142(1): notices were sent to auditor-controlled e mail addresses, there were documented personnel and office changes, a high notice volume from multiple trusts, and prompt remedial steps once aware. The Tribunal applied a liberal construction of reasonable cause to advance substantial justice, found no mala fides or advantage derived from non compliance, and directed deletion of the penalty imposed under section 272A(1)(d). en-us Tue, 17 Feb 2026 00:00:00 +0530 Fri, 20 Feb 2026 08:23:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786834 Reasonable cause under section 273B was found where the assessee showed bona fide, non deliberate failure to comply with a single notice under section 142(1): notices were sent to auditor-controlled e mail addresses, there were documented personnel and office changes, a high notice volume from multiple trusts, and prompt remedial steps once aware. The Tribunal applied a liberal construction of reasonable cause to advance substantial justice, found no mala fides or advantage derived from non compliance, and directed deletion of the penalty imposed under section 272A(1)(d). Case-Laws Income Tax Tue, 17 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786834