https://www.taxtmi.com/caselaws?id=791093 Penalty under section 272A(2)(g) was found unwarranted where reasonable cause under section 273B was established. The Tribunal followed its earlier order in the assessee's own case on similar facts and accepted that the failure was supported by reasonable cause, leaving no basis to interfere with the appellate order deleting the penalty. It also noted that the defaults related to different periods, but treated the earlier finding on reasonable cause as governing the merits. The Revenue's appeal was dismissed. en-us Wed, 25 Mar 2026 00:00:00 +0530 Wed, 06 May 2026 08:32:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=791093 Penalty under section 272A(2)(g) was found unwarranted where reasonable cause under section 273B was established. The Tribunal followed its earlier order in the assessee's own case on similar facts and accepted that the failure was supported by reasonable cause, leaving no basis to interfere with the appellate order deleting the penalty. It also noted that the defaults related to different periods, but treated the earlier finding on reasonable cause as governing the merits. The Revenue's appeal was dismissed. Case-Laws Income Tax Wed, 25 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=791093