https://www.taxtmi.com/caselaws?id=58641 The Tribunal partly allowed the appeals for assessment years 1969-70 to 1974-75, reducing penalties based on specified calculations. The appeals for assessment years 1975-76 to 1979-80 were dismissed, upholding the penalties as levied. The Tribunal emphasized timely filing of returns and the absence of reasonable cause for delays in the assessee's case. en-us Wed, 26 Aug 1992 00:00:00 +0530 Tue, 21 Dec 2010 13:06:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58641 The Tribunal partly allowed the appeals for assessment years 1969-70 to 1974-75, reducing penalties based on specified calculations. The appeals for assessment years 1975-76 to 1979-80 were dismissed, upholding the penalties as levied. The Tribunal emphasized timely filing of returns and the absence of reasonable cause for delays in the assessee's case. Case-Laws Income Tax Wed, 26 Aug 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58641