https://www.taxtmi.com/caselaws?id=61082 The appellate tribunal allowed the assessee's appeal, canceling the penalty imposed by the Income Tax Officer under section 271(1)(a) for delay in filing the income tax return. The Revenue's cross objection challenging the penalty calculation was dismissed as it was filed after the due date, emphasizing the need for timely procedural compliance in tax matters. The judgment underscored the significance of demonstrating reasonable cause for filing delays and adhering to procedural requirements in tax assessments. en-us Fri, 09 Dec 1977 00:00:00 +0530 Mon, 10 Jan 2011 17:28:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61082 The appellate tribunal allowed the assessee's appeal, canceling the penalty imposed by the Income Tax Officer under section 271(1)(a) for delay in filing the income tax return. The Revenue's cross objection challenging the penalty calculation was dismissed as it was filed after the due date, emphasizing the need for timely procedural compliance in tax matters. The judgment underscored the significance of demonstrating reasonable cause for filing delays and adhering to procedural requirements in tax assessments. Case-Laws Income Tax Fri, 09 Dec 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61082