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2010 (4) TMI 924 - ALLAHABAD HIGH COURTWhether, on the facts and in the circumstances of the case, the learned Income-tax Appellate Tribunal was justified in law in giving the assessee benefit of 'reasonable cause' for the delay in preventing it from complying with the provisions of section 44AB of the Incometax Act, 1961, for the assessment years 1990-91 and 1991-92 ? Held that:- The facts stated in the order of the Tribunal has not been disputed, namely, that the books of account has been delivered by the assessee for statutory audit on August 14, 1989 (in time), which is referred in the order of the Tribunal and the report was received from the auditors on March 31, 1991. On this fact, the Tribunal arrived at a conclusion that the delay was caused on the part of the auditors and it amounts to reasonable cause. We do not see any error in the order of the Tribunal. The finding of the Tribunal on the facts and circumstances that there was reasonable cause, is the finding of fact. No substantial question of law is involved. The order of the Tribunal is accordingly upheld. Appeal dismissed.
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