https://www.taxtmi.com/caselaws?id=61476 The Tribunal allowed the appeals filed by the assessees, Canadian citizens, against penalties imposed for late filing of income tax returns for assessment years 1984-85 and 1985-86. The Tribunal found that the assessees were prevented by reasonable causes, including the sudden demise of their father, ongoing litigation, and delay in accessing funds, leading to the late filing. Considering these circumstances, the Tribunal concluded that the penalties imposed were unjustified and set them aside for the assessment years in question. en-us Wed, 05 Dec 2001 00:00:00 +0530 Wed, 12 Jan 2011 17:26:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61476 The Tribunal allowed the appeals filed by the assessees, Canadian citizens, against penalties imposed for late filing of income tax returns for assessment years 1984-85 and 1985-86. The Tribunal found that the assessees were prevented by reasonable causes, including the sudden demise of their father, ongoing litigation, and delay in accessing funds, leading to the late filing. Considering these circumstances, the Tribunal concluded that the penalties imposed were unjustified and set them aside for the assessment years in question. Case-Laws Income Tax Wed, 05 Dec 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61476