No Penalty Imposed: Assessee Excused for Non-Compliance u/s 271(1)(b) Due to Reasonable Cause Per Section 273B.

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....Penalty u/s.271(1)(b) - there was a reasonable cause with the assessee in not complying with the requirements of the AO in such a short period for the reasons discussed hereinabove. This being a reasonable cause has brought the case within the ambit of section 273B of the Act. - No penalty - AT....