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2015 (4) TMI 1194 - AT - Income TaxPenalty u/s 272A(2)(c) - reasonable cause for the delay on the part of the assessee to furnish the required information in response to the notices issued u/s 133(6) - intentional or willful delays - Held that:- The assessee has submitted that the sufficient cause pleaded by the assessee before the Ld. CIT(A) for the delay resulted in furnishing the required information in response to the notice issued under section 133(6) is supported by the correspondence and e-mails exchanged between the two assessee's which are the branches of the State Bank of India with their Head Office/Regional Office. As contended that proper and sufficient opportunity however was not given to the assessee's either by the A.O. or by the Ld. CIT(A) to produce the said evidence and urged that one more opportunity may therefore, be given to the assessee's to support and substantiate its case of sufficient cause pleaded before the Ld. CIT(A) by producing the relevant evidence. Since the learned D.R. has also not raised any serious objection in this regard, we restore the matter to the file of the A.O. for the limited purpose of giving one more opportunity to the assessee to support and substantiate their case of sufficient case for the delay as pleaded before the Ld. CIT(A) by producing the relevant documentary evidence in the form of correspondence and e-mails exchanged with their Head Office/Regional Office. Appeals of the assessee are treated as allowed for statistical purposes.
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