Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2002 (1) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2002 (1) TMI 954 - AT - Income TaxExtract: ....... the records. After considering the facts and the circumstances of the case which amount to reasonable cause, further after considering decision of Hon rsquo ble S.C. (supra), we are of the opinion that the penalties are not warranted in such cases and therefore the same are cancelled. 4. In the result, both the appeals of the assessee are allowed.
|