https://www.taxtmi.com/caselaws?id=798456 Immunity from penalty under Section 270AA is not defeated solely by delayed furnishing of Form No. 68 where the taxpayer has paid the assessed tax and interest and has not appealed the quantum assessment. Filing the prescribed form late is a technical and venial procedural lapse when payment substantially within the relevant period demonstrates an intention to seek immunity. The assessing authority must identify any unfulfilled statutory condition before denying the claim. The immunity application requires reconsideration after giving the taxpayer an opportunity of hearing. en-us Mon, 06 Jul 2026 00:00:00 +0530 Tue, 08 Sep 2026 08:42:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798456 Immunity from penalty under Section 270AA is not defeated solely by delayed furnishing of Form No. 68 where the taxpayer has paid the assessed tax and interest and has not appealed the quantum assessment. Filing the prescribed form late is a technical and venial procedural lapse when payment substantially within the relevant period demonstrates an intention to seek immunity. The assessing authority must identify any unfulfilled statutory condition before denying the claim. The immunity application requires reconsideration after giving the taxpayer an opportunity of hearing. Case-Laws Income Tax Mon, 06 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798456