https://www.taxtmi.com/highlights?id=99202 Penalty for non-compliance with statutory notices under section 271(1)(b) is not sustainable where the assessee establishes reasonable cause under section 273B. The Tribunal accepted that the assessee was not a regular taxpayer, was unaware of the income-tax proceedings and portal-related compliance, and learnt of the ex parte assessment only after demand was raised. It also noted that the quantum matter had already been restored to the AO. On these facts, the defaults in responding to the notices were treated as sufficiently explained, and the penalty was deleted. en-us Mon, 27 Apr 2026 08:21:49 +0530 Mon, 27 Apr 2026 08:21:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=99202 Penalty for non-compliance with statutory notices under section 271(1)(b) is not sustainable where the assessee establishes reasonable cause under section 273B. The Tribunal accepted that the assessee was not a regular taxpayer, was unaware of the income-tax proceedings and portal-related compliance, and learnt of the ex parte assessment only after demand was raised. It also noted that the quantum matter had already been restored to the AO. On these facts, the defaults in responding to the notices were treated as sufficiently explained, and the penalty was deleted. Highlights Income Tax Mon, 27 Apr 2026 08:21:49 +0530 https://www.taxtmi.com/highlights?id=99202