https://www.taxtmi.com/caselaws?id=56425 The Tribunal allowed the assessee's appeal, canceling the penalty imposed under section 272A(2)(f) of the IT Act for delayed submission of Form No. 15H. The delay of 648 days was attributed to the sickness of the accountant, which was deemed a reasonable cause for the delay. The Tribunal emphasized that penalties should not be imposed for technical breaches, leading to the cancellation of the penalty based on the valid explanation provided by the assessee. en-us Fri, 14 Mar 1997 00:00:00 +0530 Fri, 03 Dec 2010 16:00:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56425 The Tribunal allowed the assessee's appeal, canceling the penalty imposed under section 272A(2)(f) of the IT Act for delayed submission of Form No. 15H. The delay of 648 days was attributed to the sickness of the accountant, which was deemed a reasonable cause for the delay. The Tribunal emphasized that penalties should not be imposed for technical breaches, leading to the cancellation of the penalty based on the valid explanation provided by the assessee. Case-Laws Income Tax Fri, 14 Mar 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56425